Funding round
Tebra Growth
Reported as "Growth Equity"
Tebra, which works in healthcare platform development in Newport Beach, raised $55M in a Growth round announced on 28 Jul 2015, led by Montreux Growth Partners. 8 firms took part. It is Tebra's third venture round on record; the one before was a Growth in Jan 2014.
$55M
Amount raised
Not disclosed
Post-money valuation
8
Investors
1 lead
Valuation
What this round says about the price
Tebra did not disclose a valuation in this round. It came 18 months after Tebra's Growth. It is 13% of the $427M Tebra has raised in the venture rounds on record. Tebra raised again 84 months later: a Growth round of $72M in Jul 2022, at $1.00B post-money.
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 21 Jan 2014, led by Greenspring Associates $30M
- Debt not a venture round 24 Oct 2014, led by Escalate Capital Partners $15M
- Growth this round 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
Montreux Growth Partners led the round with 7 other firms.
Lead investor
- backs 5 venture-backed companies new investor
Also in the round
- Silver Lake backs 44 venture-backed companies new investor
- backs 44 venture-backed companies new investor
- Greenspring Associates new investor
- Stripes backs 101 venture-backed companies new investor
- Silicon Valley Bank new investor
- backs 83 venture-backed companies new investor
- Silver Lake Waterman
Joined the board: Michael Matly (Montreux Equity Partners).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
61 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $33M, and this round was 1.7 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 30 Jul 2015 | $41M | not disclosed | Spectrum Equity |
| Tech Companies | 15 Jul 2015 | $30M | not disclosed | Sageview Capital |
| Tech Companies | 14 Jul 2015 | $30M | not disclosed | Frontier Capital |
| Tech Companies | 20 Jul 2015 | $30M | not disclosed | Frontier Capital |
| Tech Companies | 13 Aug 2015 | $123M | not disclosed | JMI Equity |
| GreyOrange Tech Companies | 10 Aug 2015 | $30M | not disclosed | Tiger Global Management |
| Tech Companies | 8 Jun 2015 | $28M | not disclosed | Spectrum Equity |
| Tech Companies | 1 Jun 2015 | $28M | not disclosed | Golub Capital |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Tebra raise in its Growth round?
Tebra raised $55M in its Growth round, announced in Jul 2015.
Who led Tebra's Growth round?
Montreux Growth Partners led it, with Silver Lake, OpenView, Greenspring Associates, Stripes and Silicon Valley Bank and 2 more.
What was Tebra's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
61 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $33M, and this round was 1.7 times the median.
Did Tebra raise again after this round?
Yes: a Growth round in Jul 2022 of $72M at $1.00B post-money.