Funding round
Salsify Series A
Salsify, which works in product experience management solutions in Boston, raised $8.0M in a Series A round announced on 12 Sep 2013. 2 firms took part. It is Salsify's first venture round on record.
$8.0M
Amount raised
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
Salsify did not disclose a valuation in this round. It is Salsify's first venture round on record, 1 year after it was founded in 2012. It is 1.8% of the $436M Salsify has raised in the venture rounds on record. Salsify raised again 40 months later: a Series C round of $30M in Jan 2017, at $163M post-money.
Salsify's funding rounds
Salsify has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- Matrix backs 129 venture-backed companies new investor
- backs 15 venture-backed companies new investor
Joined the board: Michael Skok (North Bridge Venture Partners) and David Skok (Matrix Partners).
Comparable rounds
How it compares
216 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $5.0M, and this round was 1.6 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Databricks Tech Companies | 1 Sep 2013 | $14M | not disclosed | Andreessen Horowitz |
| Tech Companies | 26 Sep 2013 | $5.0M | not disclosed | not named |
| Tech Companies | 25 Sep 2013 | $4.0M | not disclosed | FirstMark |
| Tech Companies | 18 Sep 2013 | $3.5M | not disclosed | Social Capital |
| Tech Companies | 11 Sep 2013 | $3.3M | not disclosed | SJF Ventures |
| Tech Companies | 24 Sep 2013 | $3.3M | not disclosed | Capricorn Venture Partners |
| Tech Companies | 9 Sep 2013 | $3.0M | not disclosed | Bullpen Capital |
| Tech Companies | 20 Sep 2013 | $2.5M | not disclosed | Bain Capital |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Salsify raise in its Series A round?
Salsify raised $8.0M in its Series A round, announced in Sep 2013.
Which investors took part in Salsify's Series A round?
Matrix and North Bridge Venture Partners.
What was Salsify's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
216 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $5.0M, and this round was 1.6 times the median.
Did Salsify raise again after this round?
Yes: a Series C round in Jan 2017 of $30M at $163M post-money.