Funding round
OYO Series B
OYO, which works in hospitality services management in Singapore, raised $100M in a Series B round announced on 3 Aug 2015, led by SoftBank. 4 firms took part, 3 of them already investors. It is OYO's second venture round on record; the one before was a Series A in Mar 2015.
$100M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
OYO did not disclose a valuation in this round. It came 5 months after OYO's Series A. It is 3.5% of the $2.90B OYO has raised in the venture rounds on record. OYO raised again 37 months later: a Growth round of $1.00B in Sep 2018, at $5.00B post-money.
OYO's funding rounds
OYO has 6 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 25 Mar 2015 $25M
- Series B this round 3 Aug 2015, led by SoftBank $100M
- Other not a venture round 13 Sep 2017, led by China Lodging Group $10M
- Growth 25 Sep 2018, led by SoftBank Vision Fund $1.00B$5.00B post-money
- Series E 3 Dec 2018, led by Grab $100M
- Series F 7 Oct 2019, led by SoftBank, Lightspeed Venture Partners and Sequoia India $1.50B$10.00B post-money
- Series G 11 Aug 2024, led by Patient Capital $174M$2.40B post-money
Investors
Who put money in
SoftBank led the round with 3 other firms. Sequoia Capital India, Lightspeed Venture Partners and Greenoaks had backed OYO before.
Lead investor
- SoftBank new investor
Also in the round
- Sequoia Capital India existing investor
- Lightspeed Venture Partners backs 454 venture-backed companies existing investor
- Greenoaks backs 77 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing and scaling operations.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
The closest in time: Series B rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 19 Aug 2015 | $20M | not disclosed | Insight Partners |
| Carta Tech Companies | 17 Aug 2015 | $17M | $77M | Spark Capital |
| Pharmaceutical Products | 6 Aug 2015 | $16M | not disclosed | Canaan and Sofinnova |
| Tech Companies | 27 Aug 2015 | $10M | not disclosed | Owl Ventures |
| Tech Companies | 3 Aug 2015 | $10M | not disclosed | Khosla Ventures |
| Tech Companies | 18 Aug 2015 | $10M | not disclosed | Menlo Ventures |
| Media Companies | 13 Aug 2015 | $8.0M | not disclosed | Amazon |
| Insurance - Agents, Carriers & Brokers | 12 Aug 2015 | $7.5M | not disclosed | Assurant Inc. |
Questions
Frequently asked
How much did OYO raise in its Series B round?
OYO raised $100M in its Series B round, announced in Aug 2015.
Who led OYO's Series B round?
SoftBank led it, with Sequoia Capital India, Lightspeed Venture Partners and Greenoaks.
What was OYO's valuation at the Series B round?
It was not disclosed.
Did OYO raise again after this round?
Yes: a Growth round in Sep 2018 of $1.00B at $5.00B post-money.