Funding round
Human Interest Series C
Human Interest, which works in retirement plan administration services in San Francisco, raised $10M in a Series C round announced on 20 May 2020, led by Glynn Capital. 2 firms took part. It is Human Interest's third venture round on record; the one before was a Series B in Aug 2019.
$10M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Human Interest did not disclose a valuation in this round. It came 9 months after Human Interest's Series B. It is 2.3% of the $428M Human Interest has raised in the venture rounds on record. Human Interest raised again 50 months later: a Growth round of $242M in Jul 2024, at $1.33B post-money.
Human Interest's funding rounds
Human Interest has 6 venture rounds on record. This one is highlighted.
- Series A 7 Feb 2018, led by Wing Venture Capital $11M
- Series B 5 Aug 2019, led by US Venture Partners $15M
- Series C this round 20 May 2020, led by Glynn Capital $10M
- Growth 17 Jul 2024, led by Baillie Gifford and Marshall Wace $242M$1.33B post-money
- Series E 4 Aug 2025 $50M
- Series F 31 Oct 2025 $100M$3.00B post-money
Investors
Who put money in
Glynn Capital led the round with 1 other firm.
Lead investor
- backs 44 venture-backed companies new investor
Also in the round
- Oberndorf Enterprises LLC new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- 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 |
|---|---|---|---|---|
| Coalition Insurance - Agents, Carriers & Brokers | 20 May 2020 | $90M | $890M | Valor |
| Tech Companies | 26 May 2020 | $80M | not disclosed | G2 Venture Partners |
| Groceries Delivery | 20 May 2020 | $72M | not disclosed | Insight Partners |
| Tech Companies | 27 May 2020 | $65M | not disclosed | Digital Transformation Capital Partners |
| Hosting & Cloud Infrastructure Providers | 14 May 2020 | $50M | $1.15B | Access Industries |
| Tech Companies | 12 May 2020 | $43M | not disclosed | KKR |
| Professional & Management Training | 18 May 2020 | $40M | not disclosed | Madrona and SEEK |
| Dentists & Dental Clinics | 28 May 2020 | $35M | $110M | Ping An Global Voyager Fund |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Human Interest raise in its Series C round?
Human Interest raised $10M in its Series C round, announced in May 2020.
Who led Human Interest's Series C round?
Glynn Capital led it, with Oberndorf Enterprises LLC.
What was Human Interest's valuation at the Series C round?
It was not disclosed.
Did Human Interest raise again after this round?
Yes: a Growth round in Jul 2024 of $242M at $1.33B post-money.