Funding round
Tebra Growth
Reported as "Growth Equity"
Tebra, which works in healthcare platform development in Newport Beach, raised $30M in a Growth round announced on 21 Jan 2014, led by Greenspring Associates. 3 firms took part. It is Tebra's second venture round on record; the one before was a Series F in Jan 2013.
$30M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Tebra did not disclose a valuation in this round. It came 12 months after Tebra's Series F. It is 6.9% of the $427M Tebra has raised in the venture rounds on record. Tebra raised again 18 months later: a Growth round of $55M in Jul 2015. Its next priced round, a Growth in Jul 2022, valued it at $1.00B.
Tebra's funding rounds
Tebra has 5 venture rounds on record and 2 other deals. This one is highlighted.
- Other not a venture round 13 Sep 2010, led by OpenView $9.5M
- Series F 22 Jan 2013 $21M
- Growth this round 21 Jan 2014, led by Greenspring Associates $30M
- Debt not a venture round 24 Oct 2014, led by Escalate Capital Partners $15M
- Growth 28 Jul 2015, led by Montreux Growth Partners $55M
- Growth 7 Jul 2022, led by Golub Capital $72M$1.00B post-money
- Growth 17 Dec 2025, led by Hildred $250M
Investors
Who put money in
Greenspring Associates led the round with 2 other firms.
Lead investor
- Greenspring Associates new investor
Also in the round
- backs 44 venture-backed companies new investor
- Silicon Valley Bank new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
29 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $48M, and this round was 62% of the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 21 Jan 2014 | $30M | not disclosed | Greenspring Associates |
| Tech Companies | 28 Jan 2014 | $25M | not disclosed | Greylock Partners |
| Tradeshift Tech Companies | 25 Feb 2014 | $75M | not disclosed | Scentan Ventures |
| Tech Companies | 18 Dec 2013 | $28M | not disclosed | Sequoia Capital |
| Tech Companies | 2 Oct 2013 | $93M | not disclosed | Kleiner Perkins |
| Tech Companies | 10 Oct 2013 | $55M | not disclosed | T. Capital and Deutsche Telekom AG |
| Tech Companies | 15 Apr 2014 | $42M | not disclosed | Technology Crossover Ventures |
| Tech Companies | 7 Apr 2014 | $40M | not disclosed | Vulcan Capital Management |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Tebra raise in its Growth round?
Tebra raised $30M in its Growth round, announced in Jan 2014.
Who led Tebra's Growth round?
Greenspring Associates led it, with OpenView and Silicon Valley Bank.
What was Tebra's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
29 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $48M, and this round was 62% of the median.
Did Tebra raise again after this round?
Yes: a Growth round in Jul 2015 of $55M.