Funding round
Replai Seed
Replai, which works in AI-Driven video production in San Francisco, raised $4.7M in a Seed round announced on 13 Oct 2021, led by Hoxton Ventures. 8 firms took part. It is Replai's second venture round on record; the one before was a Seed in Jun 2020.
$4.7M
Amount raised
Not disclosed
Post-money valuation
8
Investors
1 lead
Valuation
What this round says about the price
Replai did not disclose a valuation in this round. It came 16 months after Replai's Seed. It is 78% of the $6.0M Replai has raised in the venture rounds on record. No later venture round is on record for Replai.
Replai's funding rounds
Replai has 2 venture rounds on record. This one is highlighted.
- Seed 24 Jun 2020, led by Bright Pixel Capital $1.4M
- Seed this round 13 Oct 2021, led by Hoxton Ventures $4.7M
Investors
Who put money in
Hoxton Ventures led the round with 7 other firms.
Lead investor
- Hoxton Ventures backs 50 venture-backed companies new investor
Also in the round
- Sonae IM new investor
- Lux Capital backs 194 venture-backed companies new investor
- Sequoia Capital backs 589 venture-backed companies new investor
- Accel backs 581 venture-backed companies new investor
- backs 33 venture-backed companies new investor
- backs 32 venture-backed companies new investor
- Ground Control Ventures new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
2,444 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.1M, and this round was 1.5 times the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 24 Oct 2021 | $109M | $1.55B | not named |
| Tech Companies | 19 Oct 2021 | $22M | not disclosed | Group 11 |
| Tech Companies | 1 Oct 2021 | $15M | not disclosed | not named |
| Tech Companies | 10 Oct 2021 | $14M | not disclosed | Sequoia Capital India |
| Tech Companies | 28 Oct 2021 | $13M | not disclosed | EQT Ventures |
| Multiverse Computing Tech Companies | 22 Oct 2021 | $12M | not disclosed | JME Ventures |
| Tech Companies | 5 Oct 2021 | $9.3M | not disclosed | M12 |
| Tech Companies | 6 Oct 2021 | $9.0M | not disclosed | Pioneer Square Labs |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Replai raise in its Seed round?
Replai raised $4.7M in its Seed round, announced in Oct 2021.
Who led Replai's Seed round?
Hoxton Ventures led it, with Sonae IM, Lux Capital, Sequoia Capital, Accel and Shilling VC and 2 more.
What was Replai's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
2,444 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.1M, and this round was 1.5 times the median.