Funding round
Katerra Series C
Katerra, which works in sustainable building materials manufacturing in Menlo Park, raised $130M in a Series C round announced on 13 Apr 2017, led by Greenoaks, at a $1.00B post-money valuation. 9 firms took part. It is Katerra's first venture round on record.
$130M
Amount raised
$1.00B
Post-money valuation
$870M pre-money
9
Investors
1 lead
13%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Katerra at $1.00B after the new money. The $130M bought investors about 13% of the company. It is Katerra's first venture round on record, 2 years after it was founded in 2015. It is 13% of the $995M Katerra has raised in the venture rounds on record. Katerra raised again 9 months later: a Series D round of $865M in Jan 2018, at $3.00B post-money.
Katerra's funding rounds
Katerra has 2 venture rounds on record. This one is highlighted.
- Series C this round 13 Apr 2017, led by Greenoaks $130M$1.00B post-money
- Series D 24 Jan 2018, led by SoftBank Vision Fund $865M$3.00B post-money
Investors
Who put money in
Greenoaks led the round with 8 other firms.
Lead investor
- Greenoaks backs 77 venture-backed companies new investor
Also in the round
- DFJ Growth backs 51 venture-backed companies new investor
- Foxconn Technology Group new investor
- Khosla Ventures backs 396 venture-backed companies new investor
- Paxion Capital Partners new investor
- Moore Capital new investor
- backs 67 venture-backed companies new investor
- backs 11 venture-backed companies new investor
- backs 49 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Cohesity Tech Companies | 4 Apr 2017 | $90M | not disclosed | GV and Sequoia Capital |
| Branch Tech Companies | 12 Apr 2017 | $60M | not disclosed | Playground |
| Tech Companies | 18 Apr 2017 | $40M | not disclosed | New Enterprise Associates and Sapphire Ventures |
| Tech Companies | 20 Apr 2017 | $36M | $235M | GGV Capital |
| Fabric-Based Home Goods | 25 Apr 2017 | $33M | not disclosed | Scottish Equity Partners |
| Tech Companies | 4 Apr 2017 | $30M | not disclosed | NLVC |
| Medical Research | 25 Apr 2017 | $29M | not disclosed | Glynn Capital |
| Tech Companies | 26 Apr 2017 | $27M | not disclosed | Coatue |
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 Katerra raise in its Series C round?
Katerra raised $130M in its Series C round, announced in Apr 2017.
Who led Katerra's Series C round?
Greenoaks led it, with DFJ Growth, Foxconn Technology Group, Khosla Ventures, Paxion Capital Partners and Moore Capital and 3 more.
What was Katerra's valuation at the Series C round?
$1.00B post-money ($870M pre-money).
Did Katerra raise again after this round?
Yes: a Series D round in Jan 2018 of $865M at $3.00B post-money.