Funding round
SmartHR Series D
SmartHR, which works in cloud-based HR management software development in Tokyo, raised $151M in a Series D round announced on 1 Jan 2021. It is SmartHR's fifth venture round on record; the one before was a Series C in Jan 2019.
$151M
Amount raised
15,600,000,000 JPY converted
Not disclosed
Post-money valuation
Valuation
What this round says about the price
SmartHR did not disclose a valuation in this round. It came 24 months after SmartHR's Series C. It is 33% of the $461M SmartHR has raised in the venture rounds on record. SmartHR raised again 42 months later: a Series E round of $140M in Jul 2024.
SmartHR's funding rounds
SmartHR has 7 venture rounds on record. This one is highlighted.
Comparable rounds
How it compares
200 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $89M, and this round was 1.7 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 28 Jan 2021 | $168M | $1.40B | Insight Partners and Salesforce Ventures |
| Tech Companies | 11 Jan 2021 | $140M | not disclosed | 腾讯 |
| Tech Companies | 6 Jan 2021 | $135M | $1.00B | Sapphire Ventures |
| Tech Companies | 14 Jan 2021 | $100M | $1.00B | BOND |
| Tech Companies | 21 Jan 2021 | $80M | not disclosed | JMI Equity |
| Tech Companies | 11 Jan 2021 | $44M | not disclosed | ICONIQ Growth |
| Tech Companies | 27 Jan 2021 | $13M | not disclosed | Celesta Capital |
| Tech Companies | 8 Feb 2021 | $180M | $1.10B | Permira |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did SmartHR raise in its Series D round?
SmartHR raised $151M in its Series D round, announced in Jan 2021.
What was SmartHR's valuation at the Series D round?
It was not disclosed.
How does it compare with other Series D rounds in Tech Companies?
200 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $89M, and this round was 1.7 times the median.
Did SmartHR raise again after this round?
Yes: a Series E round in Jul 2024 of $140M.