Funding round
Jane Series A
Jane, which works in online marketplace retail in Scottsdale, raised $40M in a Series A round announced on 22 Dec 2020. 1 firm took part. It is Jane's first venture round on record.
$40M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Jane did not disclose a valuation in this round. It is Jane's first venture round on record, 9 years after it was founded in 2011. It is 7.4% of the $540M Jane has raised in the venture rounds on record. Jane raised again 53 months later: a Growth round of $500M in May 2025, at $1.80B post-money.
Jane's funding rounds
Jane has 2 venture rounds on record. This one is highlighted.
- Series A this round 22 Dec 2020 $40M
- Growth 26 May 2025, led by Technology Crossover Ventures $500M$1.80B post-money
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Tritium Partners new investor
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
The closest in time: 1 in General Retail & Merchandise, then Series A rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| General Retail & Merchandise | 19 Jul 2021 | $150M | not disclosed | FirstCry |
| Biotechnology | 23 Dec 2020 | $109M | not disclosed | Deerfield Management Company |
| Pharmaceutical Products | 8 Dec 2020 | $100M | not disclosed | Lilly Asia Ventures Fund and ARCH Venture Partners |
| Tech Companies | 9 Dec 2020 | $100M | not disclosed | Index Ventures and Sequoia Capital |
| Pharmaceutical Products | 8 Dec 2020 | $81M | not disclosed | Foresite Capital |
| Biotechnology | 1 Dec 2020 | $62M | not disclosed | not named |
| Pharmaceutical Products | 1 Dec 2020 | $59M | not disclosed | Sofinnova Partners and Polaris Partners |
| Biotechnology | 16 Dec 2020 | $55M | not disclosed | Sofinnova Partners |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Jane raise in its Series A round?
Jane raised $40M in its Series A round, announced in Dec 2020.
Which investors took part in Jane's Series A round?
Tritium Partners.
What was Jane's valuation at the Series A round?
It was not disclosed.
Did Jane raise again after this round?
Yes: a Growth round in May 2025 of $500M at $1.80B post-money.