Funding round
Rapyd Growth
Reported as "Growth Equity"
Rapyd, which works in fintech payment infrastructure services in Tel Aviv, raised $500M in a Growth round announced on 17 Feb 2025, at a $4.50B post-money valuation. 13 firms took part. It is Rapyd's fifth venture round on record; the one before was a Series E in Aug 2021.
$500M
Amount raised
$4.50B
Post-money valuation
$4.00B pre-money
13
Investors
no lead named
0.5x
Step-up from the Series E
$8.75B in Aug 2021
11%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Rapyd at $4.50B after the new money, 0.5 times the $8.75B of its Series E (Aug 2021). The $500M bought investors about 11% of the company. It came 42 months after Rapyd's Series E. It is 40% of the $1.24B Rapyd has raised in the venture rounds on record. No later venture round is on record for Rapyd.
Rapyd's funding rounds
Rapyd has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
13 firms took part; no lead investor was named.
Investors
- XBO Ventures new investor
- Target Global new investor
- BlackRock Funds new investor
- General Catalyst backs 574 venture-backed companies new investor
- Fidelity Management and Research Company new investor
- Altimeter backs 67 venture-backed companies new investor
- Whale Rock Capital new investor
- Dragoneer Investment Group backs 82 venture-backed companies new investor
- Phoenix Court backs 45 venture-backed companies new investor
- Durable Capital Partners backs 39 venture-backed companies new investor
- backs 23 venture-backed companies new investor
- backs 18 venture-backed companies new investor
- Spark Capital backs 234 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion and scaling operations.
- Product development
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
35 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $63M, and this round was 7.9 times the median. The closest in time, other companies' Growth rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 13 Feb 2025 | $134M | not disclosed | DWS |
| Payment Processing & Point of Sale | 1 Feb 2025 | $63M | not disclosed | Haun Ventures |
| Payment Processing & Point of Sale | 11 Feb 2025 | $50M | $2.00B | Optum Ventures |
| Payment Processing & Point of Sale | 5 Mar 2025 | $25M | $250M | Titanium Ventures |
| Plaid Payment Processing & Point of Sale | 3 Apr 2025 | $575M | $6.10B | Franklin Templeton and Fidelity Management and Research |
| Payment Processing & Point of Sale | 1 Apr 2025 | $235M | not disclosed | not named |
| Addi Payment Processing & Point of Sale | 4 Apr 2025 | $70M | not disclosed | not named |
| Payment Processing & Point of Sale | 20 Dec 2024 | undisclosed | not disclosed | not named |
Sources
Where this comes from
Reported by 6 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Rapyd raise in its Growth round?
Rapyd raised $500M in its Growth round, announced in Feb 2025.
Which investors took part in Rapyd's Growth round?
XBO Ventures, Target Global, BlackRock Funds, General Catalyst, Fidelity Management and Research Company and Altimeter and 7 more.
What was Rapyd's valuation at the Growth round?
$4.50B post-money ($4.00B pre-money).
How does it compare with other Growth rounds in Payment Processing & Point of Sale?
35 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $63M, and this round was 7.9 times the median.