Funding round
Rohlik Group Series C
Rohlik Group, which works in e-grocery retail and delivery in Prague, raised $119M in a Series C round announced on 1 Jul 2021, led by Index Ventures, at a $1.19B post-money valuation. 6 firms took part, 6 of them already investors. It is Rohlik Group's second venture round on record; the one before was a Series B in Feb 2021.
$119M
Amount raised
100,000,000 EUR converted
$1.19B
Post-money valuation
6
Investors
1 lead
10%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Rohlik Group at $1.19B after the new money. The $119M bought investors about 10% of the company. It came 5 months after Rohlik Group's Series B. It is 16% of the $748M Rohlik Group has raised in the venture rounds on record. Rohlik Group raised again 11 months later: a Series D round of $231M in Jun 2022.
Rohlik Group's funding rounds
Rohlik Group has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Index Ventures led the round with 5 other firms. Index Ventures, Partech, European Bank for Reconstruction and Development and J&T Banka and 2 more had backed Rohlik Group before.
Lead investor
- Index Ventures backs 353 venture-backed companies existing investor
Also in the round
- backs 182 venture-backed companies existing investor
- backs 30 venture-backed companies existing investor
- J&T Banka existing investor
- backs 24 venture-backed companies existing investor
- R2G existing 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
15 Series C rounds in Groceries within a year either side disclosed an amount; the median was $75M, and this round was 1.6 times the median. The closest in time, other companies' Series C rounds in Groceries:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Groceries | 29 Jul 2021 | $50M | not disclosed | IDC Ventures and DigitalBridge |
| Groceries | 18 May 2021 | $100M | not disclosed | Spectrum Equity |
| Groceries | 15 Sep 2021 | $10M | not disclosed | Xploration Capital |
| Gopuff Groceries | 1 Mar 2021 | $1.15B | $8.90B | not named |
| Groceries | 1 Nov 2021 | $50M | not disclosed | CREADEV |
| Groceries | 1 Nov 2021 | $17M | not disclosed | not named |
| Groceries | 20 Dec 2021 | $100M | $570M | Y Combinator |
| Groceries | 21 Dec 2021 | $85M | not disclosed | Invus |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Rohlik Group raise in its Series C round?
Rohlik Group raised $119M in its Series C round, announced in Jul 2021.
Who led Rohlik Group's Series C round?
Index Ventures led it, with Partech, European Bank for Reconstruction and Development, J&T Banka, Quadrille Capital and R2G.
What was Rohlik Group's valuation at the Series C round?
$1.19B post-money.
How does it compare with other Series C rounds in Groceries?
15 Series C rounds in Groceries within a year either side disclosed an amount; the median was $75M, and this round was 1.6 times the median.
Did Rohlik Group raise again after this round?
Yes: a Series D round in Jun 2022 of $231M.