Funding round
Talkdesk Seed
Talkdesk, which works in customer experience automation platform development in Covina, raised $3.1M in a Seed round announced on 1 Sep 2014, led by Storm Ventures. 1 firm took part. It is Talkdesk's first venture round on record.
$3.1M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Talkdesk did not disclose a valuation in this round. It is under 1% of the $491M Talkdesk has raised in the venture rounds on record. Talkdesk raised again 9 months later: a Series A round of $15M in Jun 2015, at $155M post-money.
Talkdesk's funding rounds
Talkdesk has 5 venture rounds on record. This one is highlighted.
- Seed this round 1 Sep 2014, led by Storm Ventures $3.1M
- Series A 9 Jun 2015, led by dfj $15M$155M post-money
- Series B 3 Oct 2018, led by Viking Global $100M$1.00B post-money
- Series C 23 Jul 2020 $143M$3.00B post-money
- Series D 12 Aug 2021, led by Whale Rock Capital Management, Transpose Platform and Alpha Square Group $230M$10.00B post-money
Investors
Who put money in
Storm Ventures led the round.
Lead investor
- backs 68 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, sales and marketing, scaling operations and working capital.
- Hiring
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
287 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M, and this round was 2.1 times the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Sep 2014 | $3.1M | not disclosed | not named |
| Branch Tech Companies | 23 Sep 2014 | $3.0M | not disclosed | New Enterprise Associates |
| Tech Companies | 24 Sep 2014 | $3.0M | not disclosed | Atlas Venture and KEC Ventures |
| Tech Companies | 24 Sep 2014 | $2.6M | not disclosed | not named |
| Tech Companies | 17 Sep 2014 | $2.4M | not disclosed | Bessemer Venture Partners |
| Tech Companies | 8 Sep 2014 | $2.3M | not disclosed | not named |
| Tech Companies | 19 Sep 2014 | $2.2M | not disclosed | New School Ventures Fund and Runa Capital |
| Tech Companies | 23 Sep 2014 | $2.1M | not disclosed | Sofinnova Partners |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Talkdesk raise in its Seed round?
Talkdesk raised $3.1M in its Seed round, announced in Sep 2014.
Who led Talkdesk's Seed round?
Storm Ventures led it.
What was Talkdesk's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
287 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M, and this round was 2.1 times the median.
Did Talkdesk raise again after this round?
Yes: a Series A round in Jun 2015 of $15M at $155M post-money.