Funding round
Eon Series A
Eon, which works in cloud backup posture management solutions in New York, raised $30M in a Series A round announced on 1 Oct 2024, led by Lightspeed Venture Partners. 2 firms took part. It is Eon's third venture round on record; the one before was a Seed in Oct 2024.
$30M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Eon did not disclose a valuation in this round. It is 4.8% of the $624M Eon has raised in the venture rounds on record. Eon raised again: a Series B round of $77M in Oct 2024. Its next priced round, a Series C in Nov 2024, valued it at $1.40B.
Eon's funding rounds
Eon has 6 venture rounds on record. This one is highlighted.
Investors
Who put money in
Lightspeed Venture Partners led the round with 1 other firm.
Lead investor
- Lightspeed Venture Partners backs 454 venture-backed companies new investor
Also in the round
- backs 5 venture-backed companies new investor
Comparable rounds
How it compares
1,491 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 2.5 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Oct 2024 | $47M | not disclosed | Eclipse Ventures LLC |
| Tech Companies | 18 Oct 2024 | $40M | not disclosed | Monashees |
| Tech Companies | 8 Oct 2024 | $36M | $150M | Andreessen Horowitz |
| Tech Companies | 22 Oct 2024 | $33M | not disclosed | Illuminate Financial |
| Tech Companies | 18 Oct 2024 | $33M | not disclosed | Autotech Ventures |
| Tech Companies | 10 Oct 2024 | $28M | not disclosed | Menlo Ventures |
| Tech Companies | 15 Oct 2024 | $27M | not disclosed | Toyota Ventures |
| Tech Companies | 15 Oct 2024 | $26M | not disclosed | Andreessen Horowitz and Benchmark |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Eon raise in its Series A round?
Eon raised $30M in its Series A round, announced in Oct 2024.
Who led Eon's Series A round?
Lightspeed Venture Partners led it, with Sheva.
What was Eon's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,491 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 2.5 times the median.
Did Eon raise again after this round?
Yes: a Series B round in Oct 2024 of $77M.