Funding round
Koubei Growth
Reported as "Growth Equity"
Koubei, a payment processing & point of sale company in Hangzhou, raised $1.10B in a Growth round announced on 25 Jan 2017, led by Silver Lake, CDH Investments, Yunfeng Capital and Primavera Capital Group, at a $8.00B post-money valuation. 6 firms took part.
$1.10B
Amount raised
$8.00B
Post-money valuation
6
Investors
4 leads
14%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Koubei at $8.00B after the new money. The $1.10B bought investors about 14% of the company. It is Koubei's first venture round on record, 13 years after it was founded in 2004. No later venture round is on record for Koubei.
Koubei's funding rounds
This is the only venture round on record for Koubei.
- Growth this round 25 Jan 2017, led by Silver Lake, CDH Investments and Yunfeng Capital $1.10B$8.00B post-money
Investors
Who put money in
Silver Lake, CDH Investments, Yunfeng Capital and Primavera Capital Group led the round with 2 other firms.
Lead investors
- Silver Lake backs 44 venture-backed companies new investor
- backs 21 venture-backed companies new investor
- backs 14 venture-backed companies new investor
- backs 20 venture-backed companies new investor
Also in the round
- Temasek backs 195 venture-backed companies new investor
- backs 12 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
5 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $47M, and this round was 23 times the median. The closest in time, other companies' Growth rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 5 Jan 2017 | undisclosed | not disclosed | Frontier Capital |
| Payment Processing & Point of Sale | 20 Oct 2016 | $115M | not disclosed | PSG |
| Payment Processing & Point of Sale | 28 Sep 2016 | $50M | not disclosed | Carrick Capital Partners |
| Payment Processing & Point of Sale | 5 Jul 2017 | $25M | not disclosed | not named |
| Payment Processing & Point of Sale | 13 Dec 2017 | $47M | $950M | Dawn Capital |
| EBANX Payment Processing & Point of Sale | 1 Dec 2017 | $30M | not disclosed | FTV Management Company |
Questions
Frequently asked
How much did Koubei raise in its Growth round?
Koubei raised $1.10B in its Growth round, announced in Jan 2017.
Who led Koubei's Growth round?
Silver Lake, CDH Investments, Yunfeng Capital and Primavera Capital Group led it, with Temasek and Khazanah Nasional.
What was Koubei's valuation at the Growth round?
$8.00B post-money.
How does it compare with other Growth rounds in Payment Processing & Point of Sale?
5 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $47M, and this round was 23 times the median.