Funding round
Mirakl Series C
Mirakl, which works in marketplace platform development in Paris, raised $70M in a Series C round announced on 28 Feb 2019, led by Bain Capital Ventures. 4 firms took part, 3 of them already investors. It is Mirakl's third venture round on record; the one before was a Series B in Jul 2015.
$70M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Mirakl did not disclose a valuation in this round. It came 43 months after Mirakl's Series B. It is 7.4% of the $948M Mirakl has raised in the venture rounds on record. Mirakl raised again 19 months later: a Growth round of $300M in Sep 2020, at $1.50B post-money.
Mirakl's funding rounds
Mirakl has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
Bain Capital Ventures led the round with 3 other firms. 83North, Felix Capital and Elaia had backed Mirakl before.
Lead investor
- Bain Capital Ventures backs 220 venture-backed companies new investor
Also in the round
- 83North existing investor
- backs 63 venture-backed companies existing investor
- backs 70 venture-backed companies existing 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 and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
239 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $35M, and this round was 2.0 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Feb 2019 | $83M | not disclosed | Sofina and Natixis |
| Tech Companies | 28 Feb 2019 | $35M | not disclosed | GSV and SignalFire |
| Tech Companies | 21 Feb 2019 | $35M | not disclosed | JMI Equity |
| Tech Companies | 18 Feb 2019 | $34M | not disclosed | Bessemer Venture Partners |
| Socure Tech Companies | 28 Feb 2019 | $30M | not disclosed | Scale Venture Partners |
| Tech Companies | 14 Feb 2019 | $25M | not disclosed | Northpond Ventures |
| Tech Companies | 5 Feb 2019 | $24M | not disclosed | Top Tier Capital Partners |
| Tech Companies | 12 Feb 2019 | $23M | not disclosed | Valor |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Mirakl raise in its Series C round?
Mirakl raised $70M in its Series C round, announced in Feb 2019.
Who led Mirakl's Series C round?
Bain Capital Ventures led it, with 83North, Felix Capital and Elaia.
What was Mirakl's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
239 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $35M, and this round was 2.0 times the median.
Did Mirakl raise again after this round?
Yes: a Growth round in Sep 2020 of $300M at $1.50B post-money.