Funding round
MediaMath Growth
Reported as "Growth Equity"
MediaMath, which works in advertising platform API access in United States, raised $225M in a Growth round announced on 10 Jul 2018, led by Searchlight Capital, at a $1.00B post-money valuation. 1 firm took part. It is MediaMath's fourth venture round on record; the one before was a Series C in Jun 2014.
$225M
Amount raised
$1.00B
Post-money valuation
$775M pre-money
1
Investors
1 lead
23%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced MediaMath at $1.00B after the new money. The $225M bought investors about 23% of the company. It came 49 months after MediaMath's Series C. It is 70% of the $323M MediaMath has raised in the venture rounds on record. No later venture round is on record for MediaMath.
MediaMath's funding rounds
MediaMath has 4 venture rounds on record and 3 other deals. This one is highlighted.
- Debt not a venture round 5 Aug 2009 $2.5M
- Series A 5 Aug 2009, led by Safeguard Scientifics, Inc. $10M
- Series B 9 Mar 2011 $14M
- Debt not a venture round 3 Jun 2014 $105M
- Series C 3 Jun 2014, led by Spring Lake Equity Partners $74M
- Debt not a venture round 6 Jun 2017, led by Goldman Sachs $175M
- Growth this round 10 Jul 2018, led by Searchlight Capital $225M$1.00B post-money
Investors
Who put money in
Searchlight Capital led the round.
Lead investor
- backs 9 venture-backed companies 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, acquisitions and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
194 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 5.0 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 31 Jul 2018 | $130M | not disclosed | TPG |
| Tech Companies | 9 Jul 2018 | $80M | not disclosed | not named |
| Tech Companies | 30 Jul 2018 | $75M | not disclosed | Franklin Templeton Investments |
| Tech Companies | 26 Jul 2018 | $50M | $2.00B | NetEase |
| Tech Companies | 9 Jul 2018 | $45M | not disclosed | not named |
| Tech Companies | 23 Jul 2018 | $15M | not disclosed | Cipio Partners |
| Tech Companies | 25 Jul 2018 | $7.0M | not disclosed | North Atlantic Capital |
| Tech Companies | 10 Jul 2018 | $1.8M | not disclosed | Brandsma Asset Management |
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 MediaMath raise in its Growth round?
MediaMath raised $225M in its Growth round, announced in Jul 2018.
Who led MediaMath's Growth round?
Searchlight Capital led it.
What was MediaMath's valuation at the Growth round?
$1.00B post-money ($775M pre-money).
How does it compare with other Growth rounds in Tech Companies?
194 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 5.0 times the median.