Funding round
Infra.Market Seed
Infra.Market, which works in building materials manufacturing in Thane, raised $3.5M in a Seed round announced on 1 Aug 2019. 1 firm took part. It is Infra.Market's first venture round on record.
$3.5M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Infra.Market did not disclose a valuation in this round. It is Infra.Market's first venture round on record, 3 years after it was founded in 2016. It is under 1% of the $473M Infra.Market has raised in the venture rounds on record. Infra.Market raised again 11 months later: a Series A round of $20M in Jul 2020. Its next priced round, a Series C in Feb 2021, valued it at $1.00B.
Infra.Market's funding rounds
Infra.Market has 7 venture rounds on record and 5 other deals. This one is highlighted.
- Seed this round 1 Aug 2019 $3.5M
- Series A 2 Jul 2020, led by Tiger Global $20M
- Series B 9 Dec 2020, led by Evolvence India, Sistema Asia Capital and Foundamental $20M
- Series C 25 Feb 2021, led by Tiger Global $100M$1.00B post-money
- Debt not a venture round 7 Jul 2021, led by Alteria Capital $13M
- Series D 3 Aug 2021, led by Tiger Global and InnoVen Capital $125M$2.50B post-money
- Debt not a venture round 16 Jul 2024, led by Yubi $18M
- Debt not a venture round 19 Jul 2024 $90M
- Growth 23 Jan 2025, led by Tiger Global $121M$2.80B post-money
- Debt not a venture round 30 Jun 2025 $50M
- Series G 18 Sep 2025, led by Nksquared $83M$2.80B post-money
- Debt not a venture round 14 Oct 2025 $150M
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Accel backs 581 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Seed rounds in Building Material Manufacturers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Building Material Manufacturers | 28 Feb 2019 | $4.0M | not disclosed | not named |
| Building Material Manufacturers | 1 May 2020 | $3.8M | not disclosed | not named |
| Building Material Manufacturers | 17 Oct 2018 | $9.0M | not disclosed | Oakhouse Partners |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Infra.Market raise in its Seed round?
Infra.Market raised $3.5M in its Seed round, announced in Aug 2019.
Which investors took part in Infra.Market's Seed round?
Accel.
What was Infra.Market's valuation at the Seed round?
It was not disclosed.
Did Infra.Market raise again after this round?
Yes: a Series A round in Jul 2020 of $20M.