Funding round
Purplle Series A
Purplle, which works in beauty and cosmetic product retail in Mumbai, raised $5.0M in a Series A round announced on 7 Jan 2015. 1 firm took part. It is Purplle's second venture round on record; the one before was a Seed in Aug 2013.
$5.0M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Purplle did not disclose a valuation in this round. It came 17 months after Purplle's Seed. It is 1.1% of the $450M Purplle has raised in the venture rounds on record. Purplle raised again 18 months later: a Series B round of $6.0M in Jul 2016. Its next priced round, a Series D in Oct 2021, valued it at $630M.
Purplle's funding rounds
Purplle has 8 venture rounds on record. This one is highlighted.
- Seed 1 Aug 2013 $604K
- Series A this round 7 Jan 2015 $5.0M
- Series B 11 Jul 2016, led by JSW Ventures $6.0M
- Series C 13 Dec 2019, led by Goldman Sachs $30M
- Series D 29 Oct 2021, led by Kedaara $75M$630M post-money
- Series E 10 Jun 2022, led by Paramark Ventures $33M$1.10B post-money
- Growth 1 Jul 2024, led by Abu Dhabi Investment Authority $120M$1.25B post-money
- Series F 14 Oct 2024, led by Abu Dhabi Investment Authority $180M$1.20B post-money
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 42 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to sales and marketing, scaling operations and working capital.
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Cosmetics Stores, then Series A rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Cosmetics Stores | 1 Jan 2015 | $10M | not disclosed | not named |
| Cosmetics Stores | 17 Nov 2014 | $8.4M | not disclosed | Thrive Capital |
| Tech Companies | 29 Jan 2015 | $55M | not disclosed | Main Street Capital |
| MX Data Solutions | 1 Jan 2015 | $30M | $273M | USAA |
| WeLab Banks & ATMs | 8 Jan 2015 | $20M | not disclosed | not named |
| Branch Tech Companies | 1 Jan 2015 | $15M | not disclosed | New Enterprise Associates |
| Biotechnology | 1 Jan 2015 | $15M | not disclosed | Canaan and WuXi Healthcare Ventures |
| Tech Companies | 28 Jan 2015 | $13M | not disclosed | Bessemer Venture Partners and Columbia Capital |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Purplle raise in its Series A round?
Purplle raised $5.0M in its Series A round, announced in Jan 2015.
Which investors took part in Purplle's Series A round?
IvyCap Ventures.
What was Purplle's valuation at the Series A round?
It was not disclosed.
Did Purplle raise again after this round?
Yes: a Series B round in Jul 2016 of $6.0M.