Funding round

MX Seed
MX, which works in financial data solutions development in Lehi, raised an undisclosed amount in a Seed round announced on 1 Jan 2014. 3 firms took part. It is MX's first venture round on record.
Undisclosed
Amount raised
Not disclosed
Post-money valuation
3
Investors
no lead named
Valuation
What this round says about the price
MX did not disclose a valuation in this round. It is MX's first venture round on record, in the year it was founded (2014). MX raised again 12 months later: a Series A round of $30M in Jan 2015, at $273M post-money.
MX's funding rounds
MX has 4 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- backs 49 venture-backed companies new investor
- backs 2 venture-backed companies new investor
- Commerce Ventures new investor
Comparable rounds
How it compares
The closest in time, other companies' Seed rounds in Data Solutions:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Data Solutions | 29 Jan 2014 | undisclosed | not disclosed | not named |
| Data Solutions | 28 Jul 2014 | $1.0M | not disclosed | Pear VC |
| Data Solutions | 1 Dec 2014 | $312K | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did MX raise in its Seed round?
MX did not disclose the amount of its Seed round, announced in Jan 2014.
Which investors took part in MX's Seed round?
TTV Capital, North Hill Ventures and Commerce Ventures.
What was MX's valuation at the Seed round?
It was not disclosed.
Did MX raise again after this round?
Yes: a Series A round in Jan 2015 of $30M at $273M post-money.