Funding round
Mavenir Growth
Reported as "Growth Equity"
Mavenir, which works in telecom software development in Richardson, raised $500M in a Growth round announced on 21 Apr 2021, led by Koch Strategic Platforms. 1 firm took part. It is Mavenir's first venture round on record.
$500M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Mavenir did not disclose a valuation in this round. It is Mavenir's first venture round on record, 4 years after it was founded in 2017. It is 63% of the $800M Mavenir has raised in the venture rounds on record. Mavenir raised again 51 months later: a Growth round of $300M in Jul 2025.
Mavenir's funding rounds
Mavenir has 2 venture rounds on record. This one is highlighted.
- Growth this round 21 Apr 2021, led by Koch Strategic Platforms $500M
- Growth 29 Jul 2025 $300M
Investors
Who put money in
Koch Strategic Platforms led the round.
Lead investor
- Koch Strategic Platforms new investor
Comparable rounds
How it compares
393 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 8.3 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| G42 Tech Companies | 14 Apr 2021 | $800M | not disclosed | Silver Lake |
| ShareChat Tech Companies | 8 Apr 2021 | $502M | $2.10B | not named |
| Tech Companies | 8 Apr 2021 | $200M | not disclosed | Sumeru Equity Partners |
| Tech Companies | 20 Apr 2021 | $173M | not disclosed | Insight Partners |
| Druva Tech Companies | 19 Apr 2021 | $147M | $2.00B | La Caisse |
| Tech Companies | 29 Apr 2021 | $130M | $1.20B | Blackstone |
| Keyfactor Tech Companies | 15 Apr 2021 | $125M | not disclosed | Insight Partners |
| Medable Tech Companies | 20 Apr 2021 | $78M | not disclosed | Sapphire Ventures |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Mavenir raise in its Growth round?
Mavenir raised $500M in its Growth round, announced in Apr 2021.
Who led Mavenir's Growth round?
Koch Strategic Platforms led it.
What was Mavenir's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
393 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 8.3 times the median.
Did Mavenir raise again after this round?
Yes: a Growth round in Jul 2025 of $300M.