Funding round
Mirakl Series B
Mirakl, which works in marketplace platform development in Paris, raised $20M in a Series B round announced on 22 Jul 2015, led by 83North and Felix Capital. 3 firms took part. It is Mirakl's second venture round on record; the one before was a Series A in Nov 2012.
$20M
Amount raised
Not disclosed
Post-money valuation
3
Investors
2 leads
Valuation
What this round says about the price
Mirakl did not disclose a valuation in this round. It came 32 months after Mirakl's Series A. It is 2.1% of the $948M Mirakl has raised in the venture rounds on record. Mirakl raised again 43 months later: a Series C round of $70M in Feb 2019. Its next priced round, a Growth in Sep 2020, valued it at $1.50B.
Mirakl's funding rounds
Mirakl has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
83North and Felix Capital led the round with 1 other firm.
Lead investors
- 83North new investor
- backs 63 venture-backed companies new investor
Also in the round
- Greylock Partners backs 190 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, sales and marketing, scaling operations and working capital.
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
222 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 1.3 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 29 Jul 2015 | $250M | $2.00B | Sequoia Capital |
| Tech Companies | 9 Jul 2015 | $38M | not disclosed | Georgian |
| Tech Companies | 15 Jul 2015 | $25M | not disclosed | Fosun Kinzon Capital |
| Tech Companies | 20 Jul 2015 | $22M | not disclosed | Blue Chip Venture Company |
| Tech Companies | 16 Jul 2015 | $20M | not disclosed | SoftBank Corp. |
| Tech Companies | 8 Jul 2015 | $20M | not disclosed | Tiger Global |
| Tech Companies | 28 Jul 2015 | $16M | not disclosed | Steadfast Venture Capital |
| Tech Companies | 21 Jul 2015 | $13M | not disclosed | Visual China Group |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Mirakl raise in its Series B round?
Mirakl raised $20M in its Series B round, announced in Jul 2015.
Who led Mirakl's Series B round?
83North and Felix Capital led it, with Greylock Partners.
What was Mirakl's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
222 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 1.3 times the median.
Did Mirakl raise again after this round?
Yes: a Series C round in Feb 2019 of $70M.