Funding round
Goat Group Seed
Goat Group, which works in sneakers, apparel, and accessories retail in Los Angeles, raised $1.6M in a Seed round announced on 6 May 2011. 5 firms took part. It is Goat Group's first venture round on record.
$1.6M
Amount raised
Not disclosed
Post-money valuation
5
Investors
no lead named
Valuation
What this round says about the price
Goat Group did not disclose a valuation in this round. It is under 1% of the $482M Goat Group has raised in the venture rounds on record. Goat Group raised again 69 months later: a Series B round of $25M in Feb 2017. Its next priced round, a Growth in Feb 2019, valued it at $550M.
Goat Group's funding rounds
Goat Group has 6 venture rounds on record. This one is highlighted.
- Seed this round 6 May 2011 $1.6M
- Series B 7 Feb 2017, led by Accel $25M
- Series C 8 Feb 2018, led by Index Ventures $60M
- Growth 7 Feb 2019, led by Foot Locker, Inc. $100M$550M post-money
- Series E 23 Sep 2020, led by D1 Capital Partners $100M$1.75B post-money
- Series F 24 Jun 2021, led by Park West Asset Management $195M$3.70B post-money
Investors
Who put money in
5 firms took part; no lead investor was named.
Investors
- Andreessen Horowitz backs 722 venture-backed companies new investor
- backs 212 venture-backed companies new investor
- SV Angel backs 293 venture-backed companies new investor
- New Enterprise Associates new investor
- Y Combinator backs 1,295 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development.
- Product development
Comparable rounds
How it compares
The closest in time: Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 May 2011 | $2.1M | not disclosed | not named |
| Food Production | 1 May 2011 | $1.2M | not disclosed | not named |
| Art Galleries | 18 May 2011 | $750K | not disclosed | NextView Ventures |
| Insurance - Agents, Carriers & Brokers | 1 May 2011 | $147K | not disclosed | not named |
| Medical Supply Manufacturers | 1 Jun 2011 | $2.7M | not disclosed | not named |
| Hotels | 1 Apr 2011 | $2.0M | not disclosed | not named |
| Professional & Management Training | 5 Apr 2011 | $1.7M | not disclosed | not named |
| Tech Companies | 1 Jun 2011 | $1.3M | not disclosed | not named |
Questions
Frequently asked
How much did Goat Group raise in its Seed round?
Goat Group raised $1.6M in its Seed round, announced in May 2011.
Which investors took part in Goat Group's Seed round?
Andreessen Horowitz, First Round, SV Angel, New Enterprise Associates and Y Combinator.
What was Goat Group's valuation at the Seed round?
It was not disclosed.
Did Goat Group raise again after this round?
Yes: a Series B round in Feb 2017 of $25M.