Funding round
Giraffe360 Series A
Giraffe360, which works in property listing content creation in London, raised $16M in a Series A round announced on 30 Nov 2022, led by Founders Fund. 5 firms took part. It is Giraffe360's third venture round on record; the one before was a Pre-seed in Jan 2019.
$16M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Giraffe360 did not disclose a valuation in this round. It came 46 months after Giraffe360's Pre-seed. It is 90% of the $18M Giraffe360 has raised in the venture rounds on record. No later venture round is on record for Giraffe360.
Giraffe360's funding rounds
Giraffe360 has 3 venture rounds on record and 2 other deals. This one is highlighted.
Investors
Who put money in
Founders Fund led the round with 4 other firms.
Lead investor
- Founders Fund backs 368 venture-backed companies new investor
Also in the round
- LAUNCHub backs 36 venture-backed companies new investor
- Hoxton Ventures backs 50 venture-backed companies new investor
- backs 43 venture-backed companies new investor
- backs 15 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,705 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 1.3 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 8 Nov 2022 | $57M | not disclosed | WestBridge Capital |
| Tech Companies | 15 Nov 2022 | $40M | not disclosed | Temasek and Alibaba |
| Tech Companies | 28 Nov 2022 | $33M | not disclosed | Radical Ventures and Temasek |
| Tech Companies | 23 Nov 2022 | $32M | not disclosed | Flexcap Ventures |
| Tech Companies | 2 Nov 2022 | $30M | $95M | Institutional Venture Partners |
| Tech Companies | 21 Nov 2022 | $25M | not disclosed | Playtika |
| Tech Companies | 3 Nov 2022 | $25M | not disclosed | PWV |
| Tech Companies | 4 Nov 2022 | $25M | not disclosed | Norwest and B Capital |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Giraffe360 raise in its Series A round?
Giraffe360 raised $16M in its Series A round, announced in Nov 2022.
Who led Giraffe360's Series A round?
Founders Fund led it, with LAUNCHub, Hoxton Ventures, HCVC and Change Ventures.
What was Giraffe360's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,705 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 1.3 times the median.