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.
- 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:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Software Development Services | 16 Nov 2023 | undisclosed | not disclosed | not named |
| Software Development Services | 1 Dec 2023 | $30M | not disclosed | Balderton Capital |
| Software Development Services | 11 Dec 2023 | $2.1M | not disclosed | not named |
| Software Development Services | 30 Oct 2023 | undisclosed | not disclosed | WestView Capital |
| Software Development Services | 6 Sep 2023 | undisclosed | not disclosed | not named |
| Software Development Services | 24 Aug 2023 | $35M | not disclosed | not named |
| Software Development Services | 31 Mar 2024 | $55M | not disclosed | Paradigm |
| Software Development Services | 3 Apr 2024 | $80M | not disclosed | Kartesia |
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.