Funding round
Mirakl Series E
Mirakl, which works in marketplace platform development in Paris, raised $555M in a Series E round announced on 21 Sep 2021, led by Silver Lake, at a $3.50B post-money valuation. 5 firms took part, 4 of them already investors. It is Mirakl's fifth venture round on record; the one before was a Growth in Sep 2020.
$555M
Amount raised
$3.50B
Post-money valuation
$2.94B pre-money
5
Investors
1 lead
2.3x
Step-up from the Growth
$1.50B in Sep 2020
16%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Mirakl at $3.50B after the new money, 2.3 times the $1.50B of its Growth (Sep 2020). The $555M bought investors about 16% of the company. It came 12 months after Mirakl's Growth. It is 59% of the $948M Mirakl has raised in the venture rounds on record. No later venture round is on record for Mirakl.
Mirakl's funding rounds
Mirakl has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
Silver Lake led the round with 4 other firms. 83North, Elaia, Felix Capital and Permira had backed Mirakl before.
Lead investor
- Silver Lake backs 44 venture-backed companies new investor
Also in the round
- backs 42 venture-backed companies existing investor
- backs 70 venture-backed companies existing investor
- backs 63 venture-backed companies existing investor
- backs 21 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, acquisitions and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
117 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $150M, and this round was 3.7 times the median. The closest in time, other companies' Series E rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 8 Sep 2021 | $200M | $2.00B | Technology Crossover Ventures |
| Tech Companies | 15 Sep 2021 | $150M | $1.50B | General Atlantic |
| Tech Companies | 15 Sep 2021 | $150M | $2.30B | Legatum |
| Tech Companies | 6 Sep 2021 | $110M | not disclosed | Boyu Capital |
| EGYM Tech Companies | 16 Sep 2021 | $41M | not disclosed | Mayfair Equity Partners |
| Tiendanube Tech Companies | 17 Aug 2021 | $500M | $3.10B | Insight Partners and Tiger Global Management |
| Dataiku Tech Companies | 5 Aug 2021 | $400M | $4.60B | Tiger Global |
| Devo Tech Companies | 26 Oct 2021 | $250M | $1.50B | Technology Crossover Ventures |
Sources
Where this comes from
Reported by 5 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Mirakl raise in its Series E round?
Mirakl raised $555M in its Series E round, announced in Sep 2021.
Who led Mirakl's Series E round?
Silver Lake led it, with 83North, Elaia, Felix Capital and Permira.
What was Mirakl's valuation at the Series E round?
$3.50B post-money ($2.94B pre-money).
How does it compare with other Series E rounds in Tech Companies?
117 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $150M, and this round was 3.7 times the median.