Funding round
Guild Series B
Guild, which works in education benefits management services in Denver, raised $21M in a Series B round announced on 6 Sep 2017, led by Bessemer Venture Partners. 4 firms took part. It is Guild's second venture round on record; the one before was a Series A in Sep 2016.
$21M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Guild did not disclose a valuation in this round. It came 12 months after Guild's Series A. It is 3.8% of the $552M Guild has raised in the venture rounds on record. Guild raised again 10 months later: a Series C round of $40M in Jul 2018. Its next priced round, a Series D in Nov 2019, valued it at $1.00B.
Guild's funding rounds
Guild has 6 venture rounds on record. This one is highlighted.
- Series A 16 Sep 2016, led by Redpoint Ventures $8.5M
- Series B this round 6 Sep 2017, led by Bessemer Venture Partners $21M
- Series C 25 Jul 2018, led by Felicis $40M
- Series D 13 Nov 2019, led by General Catalyst $157M$1.00B post-money
- Series E 2 Jun 2021, led by General Catalyst $150M$3.75B post-money
- Series F 9 Jun 2022, led by Wellington Management $175M$4.40B post-money
Investors
Who put money in
Bessemer Venture Partners led the round with 3 other firms.
Lead investor
- Bessemer Venture Partners backs 412 venture-backed companies
Also in the round
- Redpoint Ventures backs 194 venture-backed companies
- backs 33 venture-backed companies
- backs 46 venture-backed companies
Joined the board: Byron Deeter (Bessemer Venture Partners).
Comparable rounds
How it compares
9 Series B rounds in Professional & Management Training within a year either side disclosed an amount; the median was $10M, and this round was 2.1 times the median. The closest in time, other companies' Series B rounds in Professional & Management Training:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Professional & Management Training | 27 Jul 2017 | $16M | not disclosed | NewSpring |
| Professional & Management Training | 28 Nov 2017 | $10M | not disclosed | Owl Ventures |
| Professional & Management Training | 15 Feb 2018 | $32M | not disclosed | WestRiver Group and Boeing |
| Emeritus Professional & Management Training | 3 Apr 2017 | $8.2M | not disclosed | Bertelsmann India Investments |
| BetterUp Professional & Management Training | 28 Mar 2018 | $26M | $125M | Lightspeed Venture Partners |
| Professional & Management Training | 16 May 2018 | $60M | not disclosed | General Atlantic |
| Professional & Management Training | 30 Jun 2018 | $5.3M | $47M | not named |
| Professional & Management Training | 23 Aug 2018 | $2.0M | not disclosed | CBA Capital |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Guild raise in its Series B round?
Guild raised $21M in its Series B round, announced in Sep 2017.
Who led Guild's Series B round?
Bessemer Venture Partners led it, with Redpoint Ventures, Harrison Metal and Cowboy Ventures.
What was Guild's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Professional & Management Training?
9 Series B rounds in Professional & Management Training within a year either side disclosed an amount; the median was $10M, and this round was 2.1 times the median.
Did Guild raise again after this round?
Yes: a Series C round in Jul 2018 of $40M.