Funding round
NinjaOne Series C
NinjaOne, which works in unified IT management software development in Oldsmar, raised $500M in a Series C round announced on 24 Feb 2025, led by CapitalG and ICONIQ Growth, at a $5.00B post-money valuation. 2 firms took part.
$500M
Amount raised
$5.00B
Post-money valuation
2
Investors
2 leads
10%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced NinjaOne at $5.00B after the new money. The $500M bought investors about 10% of the company. It is NinjaOne's first venture round on record, 12 years after it was founded in 2013. No later venture round is on record for NinjaOne.
NinjaOne's funding rounds
This is the only venture round on record for NinjaOne.
- Series C this round 24 Feb 2025, led by CapitalG and ICONIQ Growth $500M$5.00B post-money
Investors
Who put money in
CapitalG and ICONIQ Growth led the round.
Lead investors
- CapitalG backs 70 venture-backed companies new investor
- ICONIQ Growth new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, scaling operations and acquisitions.
- Product development
- Geographic expansion
- Scaling operations
- Acquisitions
Comparable rounds
How it compares
270 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $55M, and this round was 9.1 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 11 Feb 2025 | $125M | $1.13B | Goldman Sachs Alternatives |
| Tech Companies | 11 Feb 2025 | $112M | not disclosed | Aware Super and Energy Capital Partners |
| Tech Companies | 18 Feb 2025 | $80M | $1.20B | Sapphire Ventures |
| Tech Companies | 20 Feb 2025 | $70M | not disclosed | Adams Street Partners |
| Tech Companies | 11 Feb 2025 | $70M | not disclosed | Activant |
| Tech Companies | 12 Feb 2025 | $53M | not disclosed | Oak HC/FT |
| Tech Companies | 25 Feb 2025 | $50M | not disclosed | New Enterprise Associates |
| Truveta Tech Companies | 13 Jan 2025 | $320M | $1.00B | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did NinjaOne raise in its Series C round?
NinjaOne raised $500M in its Series C round, announced in Feb 2025.
Who led NinjaOne's Series C round?
CapitalG and ICONIQ Growth led it.
What was NinjaOne's valuation at the Series C round?
$5.00B post-money.
How does it compare with other Series C rounds in Tech Companies?
270 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $55M, and this round was 9.1 times the median.