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Funding round

Impact Interactive Growth

Reported as "Growth Equity"

Impact Interactive, which works in employee benefits technology solutions in North Kingstown, raised $1.00B in a Growth round announced on 15 Nov 2023. 4 firms took part, with 1 individual investor.

$1.00B

Amount raised

Not disclosed

Post-money valuation

4

Investors

no lead named

Valuation

What this round says about the price

Impact Interactive did not disclose a valuation in this round. It is Impact Interactive's first venture round on record, 35 years after it was founded in 1988. No later venture round is on record for Impact Interactive.

Impact Interactive's funding rounds

This is the only venture round on record for Impact Interactive.

  1. Growth this round 15 Nov 2023 $1.00B

Investors

Who put money in

4 firms took part; no lead investor was named.

Investors

  • Dragoneer Investment Group backs 82 venture-backed companies new investor
  • backs 3 venture-backed companies new investor
  • SkyKnight Capital, L.P. new investor
  • backs 12 venture-backed companies new investor

Individual investors: employee shareholders.

Comparable rounds

How it compares

17 Growth rounds in Software Development Services within a year either side disclosed an amount; the median was $52M, and this round was 19 times the median. The closest in time, other companies' Growth rounds in Software Development Services:

Growth rounds in Software Development Services, Nov 2022 to Nov 2024: 17 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Software Development Services16 Nov 2023undisclosednot disclosednot named
Software Development Services1 Dec 2023$30Mnot disclosedBalderton Capital
Software Development Services11 Dec 2023$2.1Mnot disclosednot named
Software Development Services30 Oct 2023undisclosednot disclosedWestView Capital
Software Development Services6 Sep 2023undisclosednot disclosednot named
Software Development Services24 Aug 2023$35Mnot disclosednot named
Software Development Services31 Mar 2024$55Mnot disclosedParadigm
Software Development Services3 Apr 2024$80Mnot disclosedKartesia

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 Impact Interactive raise in its Growth round?

Impact Interactive raised $1.00B in its Growth round, announced in Nov 2023.

Which investors took part in Impact Interactive's Growth round?

Dragoneer Investment Group, Genstar Capital, SkyKnight Capital, L.P. and PSP Investments.

What was Impact Interactive's valuation at the Growth round?

It was not disclosed.

How does it compare with other Growth rounds in Software Development Services?

17 Growth rounds in Software Development Services within a year either side disclosed an amount; the median was $52M, and this round was 19 times the median.