Funding round
Moda Operandi Series G
Moda Operandi, which works in luxury fashion retail in New York, raised $100M in a Series G round announced on 4 May 2021, led by Apax Partners and New Enterprise Associates, at a $699M post-money valuation. 3 firms took part. It is Moda Operandi's fourth venture round on record; the one before was a Growth in Dec 2017.
$100M
Amount raised
$699M
Post-money valuation
3
Investors
2 leads
14%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Moda Operandi at $699M after the new money. The $100M bought investors about 14% of the company. It came 41 months after Moda Operandi's Growth. It is 28% of the $361M Moda Operandi has raised in the venture rounds on record. No later venture round is on record for Moda Operandi.
Moda Operandi's funding rounds
Moda Operandi has 4 venture rounds on record and 1 other deal. This one is highlighted.
- Growth 8 Jun 2012, led by RRE $36M
- Series E 16 Feb 2015, led by Fidelity Investments $60M
- Growth 6 Dec 2017, led by Apax Partners and Adrian Cheng $165M
- Debt not a venture round 31 Jan 2020, led by Apax Partners $100M
- Series G this round 4 May 2021, led by Apax Partners and New Enterprise Associates $100M$699M post-money
Investors
Who put money in
Apax Partners and New Enterprise Associates led the round with 1 other firm.
Lead investors
- backs 22 venture-backed companies new investor
- New Enterprise Associates new investor
Also in the round
- G Squared backs 40 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time: Series G rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| FlixBus Buses, Shuttles & Local Transit | 2 Jun 2021 | $650M | $3.00B | Canyon Partners |
| Tech Companies | 2 Jun 2021 | $200M | $4.40B | Premji Invest and STEADFAST Capital Ventures |
| Tech Companies | 7 Apr 2021 | $110M | $2.00B | Tiger Global |
| DataRobot Tech Companies | 27 Jul 2021 | $300M | $6.30B | Altimeter and Tiger Global |
| Databricks Tech Companies | 1 Feb 2021 | $1.00B | $28.00B | Franklin Templeton |
| Carta Tech Companies | 13 Aug 2021 | $500M | $7.40B | Silver Lake |
| Hopper Travel Agencies | 17 Aug 2021 | $175M | $3.50B | GPI Capital |
| Seismic Tech Companies | 16 Aug 2021 | $170M | $3.00B | Permira |
Questions
Frequently asked
How much did Moda Operandi raise in its Series G round?
Moda Operandi raised $100M in its Series G round, announced in May 2021.
Who led Moda Operandi's Series G round?
Apax Partners and New Enterprise Associates led it, with G Squared.
What was Moda Operandi's valuation at the Series G round?
$699M post-money.