Funding round
Guild Series E
Guild, which works in education benefits management services in Denver, raised $150M in a Series E round announced on 2 Jun 2021, led by General Catalyst, at a $3.75B post-money valuation. 11 firms took part. It is Guild's fifth venture round on record; the one before was a Series D in Nov 2019.
$150M
Amount raised
$3.75B
Post-money valuation
$3.60B pre-money
11
Investors
1 lead
3.8x
Step-up from the Series D
$1.00B in Nov 2019
4.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Guild at $3.75B after the new money, 3.8 times the $1.00B of its Series D (Nov 2019). The $150M bought investors about 4.0% of the company. It came 19 months after Guild's Series D. It is 27% of the $552M Guild has raised in the venture rounds on record. Guild raised again 12 months later: a Series F round of $175M in Jun 2022, at $4.40B post-money.
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 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 this round 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
General Catalyst led the round with 10 other firms.
Lead investor
- General Catalyst backs 574 venture-backed companies new investor
Also in the round
- Bessemer Venture Partners backs 412 venture-backed companies new investor
- backs 46 venture-backed companies new investor
- D1 Capital Partners new investor
- Emerson Collective backs 76 venture-backed companies new investor
- GSV new investor
- backs 33 venture-backed companies new investor
- ICONIQ new investor
- Next Play Capital new investor
- Redpoint Ventures backs 194 venture-backed companies new investor
- Salesforce Ventures backs 314 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, other companies' Series E rounds in Professional & Management Training:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Emeritus Professional & Management Training | 12 Aug 2021 | $650M | $3.20B | Accel and SoftBank Vision Fund |
| Emeritus Professional & Management Training | 11 Aug 2021 | $650M | $3.20B | SoftBank Vision Fund and Accel |
| BetterUp Professional & Management Training | 8 Oct 2021 | $300M | $4.70B | Wellington Management and ICONIQ Growth |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Guild raise in its Series E round?
Guild raised $150M in its Series E round, announced in Jun 2021.
Who led Guild's Series E round?
General Catalyst led it, with Bessemer Venture Partners, Cowboy Ventures, D1 Capital Partners, Emerson Collective and GSV and 5 more.
What was Guild's valuation at the Series E round?
$3.75B post-money ($3.60B pre-money).
Did Guild raise again after this round?
Yes: a Series F round in Jun 2022 of $175M at $4.40B post-money.