Funding round
Satispay Series B
Satispay, which works in digital payment solutions services in Luxembourg, raised $12M in a Series B round announced on 23 Jul 2018, led by Copper Street Capital, at a $117M post-money valuation. 3 firms took part. It is Satispay's second venture round on record; the one before was a Series A in Jan 2015.
$12M
Amount raised
10,000,000 EUR converted
$117M
Post-money valuation
3
Investors
1 lead
10%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Satispay at $117M after the new money. The $12M bought investors about 10% of the company. It came 42 months after Satispay's Series A. It is 2.7% of the $436M Satispay has raised in the venture rounds on record. Satispay raised again 28 months later: a Series C round of $110M in Nov 2020. Its next priced round, a Series D in Sep 2022, valued it at $960M.
Satispay's funding rounds
Satispay has 4 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
Copper Street Capital led the round with 2 other firms.
Lead investor
- new investor
Also in the round
- Endeavor Catalyst new investor
- Greyhound Capital new investor
Comparable rounds
How it compares
31 Series B rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $20M, and this round was 59% of the median. The closest in time, other companies' Series B rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Airwallex Payment Processing & Point of Sale | 3 Jul 2018 | $80M | not disclosed | Tencent and HSG |
| Payment Processing & Point of Sale | 19 Jul 2018 | $7.5M | not disclosed | Northzone |
| Payment Processing & Point of Sale | 19 Jun 2018 | $50M | $220M | not named |
| Payment Processing & Point of Sale | 18 Jun 2018 | $18M | not disclosed | not named |
| Payment Processing & Point of Sale | 13 Sep 2018 | $24M | not disclosed | Sequoia India |
| Qonto Payment Processing & Point of Sale | 24 Sep 2018 | $23M | not disclosed | Valar Ventures and Alven |
| Payment Processing & Point of Sale | 6 Sep 2018 | $16M | not disclosed | Partech |
| Payment Processing & Point of Sale | 6 Sep 2018 | $10M | not disclosed | Global Innovation Fund |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Satispay raise in its Series B round?
Satispay raised $12M in its Series B round, announced in Jul 2018.
Who led Satispay's Series B round?
Copper Street Capital led it, with Endeavor Catalyst and Greyhound Capital.
What was Satispay's valuation at the Series B round?
$117M post-money.
How does it compare with other Series B rounds in Payment Processing & Point of Sale?
31 Series B rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $20M, and this round was 59% of the median.
Did Satispay raise again after this round?
Yes: a Series C round in Nov 2020 of $110M.