Funding round
Insider One Series B
Insider One, which works in AI-Powered customer engagement platform development in New York, raised $11M in a Series B round announced on 2 Apr 2018, led by Sequoia India. 3 firms took part. It is Insider One's second venture round on record; the one before was a Series A in Sep 2016.
$11M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Insider One did not disclose a valuation in this round. It came 19 months after Insider One's Series A. It is 1.4% of the $771M Insider One has raised in the venture rounds on record. Insider One raised again 27 months later: a Series C round of $32M in Jul 2020. Its next priced round, a Series D in Mar 2022, valued it at $1.22B.
Insider One's funding rounds
Insider One has 6 venture rounds on record. This one is highlighted.
Investors
Who put money in
Sequoia India led the round with 2 other firms.
Lead investor
- Sequoia India new investor
Also in the round
- backs 43 venture-backed companies new investor
- Dogan Group new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing and scaling operations.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
441 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $19M, and this round was 58% of the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 11 Apr 2018 | $36M | not disclosed | New Enterprise Associates and Amgen Ventures |
| Armis Tech Companies | 9 Apr 2018 | $30M | not disclosed | Red Dot Capital Partners |
| Tech Companies | 9 Apr 2018 | $30M | not disclosed | Highland Europe |
| Perk Tech Companies | 11 Apr 2018 | $21M | not disclosed | Target Global and Felix Capital |
| Tech Companies | 10 Apr 2018 | $20M | not disclosed | Scale Venture Partners |
| Tech Companies | 13 Apr 2018 | $20M | not disclosed | Sapphire Ventures |
| Tech Companies | 24 Apr 2018 | $20M | not disclosed | TLV Partners |
| Tech Companies | 12 Apr 2018 | $16M | not disclosed | Vertex Ventures and Insight Partners |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Insider One raise in its Series B round?
Insider One raised $11M in its Series B round, announced in Apr 2018.
Who led Insider One's Series B round?
Sequoia India led it, with Wamda Capital and Dogan Group.
What was Insider One's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
441 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $19M, and this round was 58% of the median.
Did Insider One raise again after this round?
Yes: a Series C round in Jul 2020 of $32M.