Funding round
Insider One Series C
Insider One, which works in AI-Powered customer engagement platform development in New York, raised $32M in a Series C round announced on 21 Jul 2020, led by Riverwood Capital. 4 firms took part. It is Insider One's third venture round on record; the one before was a Series B in Apr 2018.
$32M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Insider One did not disclose a valuation in this round. It came 27 months after Insider One's Series B. It is 4.1% of the $771M Insider One has raised in the venture rounds on record. Insider One raised again 20 months later: a Series D round of $121M in Mar 2022, at $1.22B post-money.
Insider One's funding rounds
Insider One has 6 venture rounds on record. This one is highlighted.
Investors
Who put money in
Riverwood Capital led the round with 3 other firms.
Lead investor
- Riverwood Capital new investor
Also in the round
- Sequoia Capital backs 589 venture-backed companies new investor
- Wamda new investor
- Endeavor backs 236 venture-backed companies new investor
Joined the board: Joe De Pinho (Riverwood Capital).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
352 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $50M, and this round was 64% of the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Talkdesk Tech Companies | 23 Jul 2020 | $143M | $3.00B | not named |
| Tech Companies | 14 Jul 2020 | $65M | not disclosed | Apax Partners |
| Quantexa Tech Companies | 23 Jul 2020 | $65M | not disclosed | Evolution Equity Partners |
| Tech Companies | 28 Jul 2020 | $50M | not disclosed | Ontario Teachers’ Pension Plan |
| Tech Companies | 7 Jul 2020 | $50M | not disclosed | Insight Partners and Vertex Ventures |
| Tech Companies | 15 Jul 2020 | $42M | not disclosed | Neue Capital and coparion |
| Tech Companies | 22 Jul 2020 | $40M | not disclosed | Crédit Mutuel Innovation |
| Tech Companies | 20 Jul 2020 | $37M | not disclosed | Globis Capital Partners |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Insider One raise in its Series C round?
Insider One raised $32M in its Series C round, announced in Jul 2020.
Who led Insider One's Series C round?
Riverwood Capital led it, with Sequoia Capital, Wamda and Endeavor.
What was Insider One's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
352 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $50M, and this round was 64% of the median.
Did Insider One raise again after this round?
Yes: a Series D round in Mar 2022 of $121M at $1.22B post-money.