Funding round
Gotham Greens Series C
Gotham Greens, which works in urban agriculture production in New York, raised $29M in a Series C round announced on 20 Jun 2018, at a $122M post-money valuation. 2 firms took part, 1 of them already investors. It is Gotham Greens' first venture round on record.
$29M
Amount raised
$122M
Post-money valuation
2
Investors
no lead named
24%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Gotham Greens at $122M after the new money. The $29M bought investors about 24% of the company. It is Gotham Greens' first venture round on record, 9 years after it was founded in 2009. It is 6.8% of the $426M Gotham Greens has raised in the venture rounds on record. Gotham Greens raised again 30 months later: a Series D round of $87M in Dec 2020.
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- Silverman Group existing investor
- backs 22 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Ant Group Tech Companies | 11 Jun 2018 | $14.00B | $150.00B | not named |
| Tech Companies | 6 Jun 2018 | $70M | not disclosed | Georgian |
| Pharmaceutical Products | 16 Jun 2018 | $65M | not disclosed | not named |
| Luggages, Bags & Handbags | 28 Jun 2018 | $50M | not disclosed | Forerunner and Global Founders Capital |
| Pipedrive Tech Companies | 14 Jun 2018 | $50M | not disclosed | Insight Partners and Bessemer Venture Partners |
| TourRadar Travel Agencies | 26 Jun 2018 | $50M | not disclosed | Technology Crossover Ventures |
| Biotechnology | 19 Jun 2018 | $36M | not disclosed | Founders Fund |
| Fabric-Based Home Goods | 27 Jun 2018 | $30M | not disclosed | H.I.G. Growth Partners |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Gotham Greens raise in its Series C round?
Gotham Greens raised $29M in its Series C round, announced in Jun 2018.
Which investors took part in Gotham Greens' Series C round?
Silverman Group and CREADEV.
What was Gotham Greens' valuation at the Series C round?
$122M post-money.
Did Gotham Greens raise again after this round?
Yes: a Series D round in Dec 2020 of $87M.