Funding round
Starling Growth
Reported as "Growth Equity"
Starling, which works in digital banking services in London, raised $70M in a Growth round announced on 11 Jan 2016. It is Starling's first venture round on record.
$70M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Starling did not disclose a valuation in this round. It is Starling's first venture round on record, 2 years after it was founded in 2014. It is 9.9% of the $709M Starling has raised in the venture rounds on record. Starling raised again 37 months later: a Series C round of $97M in Feb 2019.
Starling's funding rounds
Starling has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
0 firms took part; no lead investor was named.
Individual investors: Harald McPike. Joined the board: Oliver Stocken, Victoria Raffé, Craig Mawdsley and Marcus Traill.
Comparable rounds
How it compares
The closest in time: 1 in Banks & ATMs, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Banks & ATMs | 25 Jun 2015 | $106M | not disclosed | not named |
| Airswift Employment Agencies & HR Consulting | 27 Jan 2016 | $1.20B | not disclosed | not named |
| Azura Power Electric Supplies & Power Generation | 21 Jan 2016 | $876M | not disclosed | Amaya Capital |
| Automobile Dealers & Manufacturers | 13 Jan 2016 | $145M | not disclosed | Temasek and March Capital |
| Wind Energy Equipment & Services | 1 Jan 2016 | $125M | not disclosed | not named |
| Pharmaceutical Products | 27 Jan 2016 | $35M | not disclosed | Deerfield |
| Medical Supply Manufacturers | 11 Jan 2016 | $27M | not disclosed | not named |
| Tech Companies | 1 Jan 2016 | $27M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Starling raise in its Growth round?
Starling raised $70M in its Growth round, announced in Jan 2016.
What was Starling's valuation at the Growth round?
It was not disclosed.
Did Starling raise again after this round?
Yes: a Series C round in Feb 2019 of $97M.