Funding round
Gupshup Series F
Gupshup, which works in conversational AI platform development in India, raised $100M in a Series F round announced on 8 Apr 2021, led by Tiger Global, at a $1.40B post-money valuation. 1 firm took part. It is Gupshup's third venture round on record; the one before was a Series E in Aug 2011.
$100M
Amount raised
$1.40B
Post-money valuation
$1.30B pre-money
1
Investors
1 lead
7.1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Gupshup at $1.40B after the new money. The $100M bought investors about 7.1% of the company. It came 116 months after Gupshup's Series E. It is 24% of the $422M Gupshup has raised in the venture rounds on record. Gupshup raised again 3 months later: a Growth round of $240M in Jul 2021, at $1.40B post-money.
Gupshup's funding rounds
Gupshup has 5 venture rounds on record. This one is highlighted.
- Series D 20 Jan 2010, led by Globespan Capital Partners $12M
- Series E 30 Aug 2011, led by Tenaya Capital $10M
- Series F this round 8 Apr 2021, led by Tiger Global $100M$1.40B post-money
- Growth 28 Jul 2021, led by Tiger Global, Think Investments and Malabar Investments $240M$1.40B post-money
- Growth 23 Jul 2025, led by Globespan Capital Partners $60M
Investors
Who put money in
Tiger Global led the round.
Lead investor
- Tiger Global backs 391 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 F rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Glovo Food delivery | 1 Apr 2021 | $530M | not disclosed | Lugard Road Capital and Luxor Capital Group |
| Sysdig Tech Companies | 28 Apr 2021 | $188M | $1.19B | Premji Invest and Third Point Ventures |
| Noom Nutritionists & Weight Loss Specialists | 25 May 2021 | $540M | not disclosed | Silver Lake |
| Dataminr Tech Companies | 23 Mar 2021 | $475M | $4.10B | Eldridge Industries |
| Vinted Salvage Merchandise & Thrift Stores | 12 May 2021 | $303M | $5.20B | EQT |
| Forter Tech Companies | 25 May 2021 | $300M | $3.00B | Tiger Global Management |
| Collective Health Insurance - Agents, Carriers & Brokers | 4 May 2021 | $280M | $1.50B | Health Care Service Corporation |
| Tech Companies | 17 Mar 2021 | $230M | $1.40B | Bessemer Venture Partners and Tiger Global |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Gupshup raise in its Series F round?
Gupshup raised $100M in its Series F round, announced in Apr 2021.
Who led Gupshup's Series F round?
Tiger Global led it.
What was Gupshup's valuation at the Series F round?
$1.40B post-money ($1.30B pre-money).
Did Gupshup raise again after this round?
Yes: a Growth round in Jul 2021 of $240M at $1.40B post-money.