Funding round
Tebra Growth
Reported as "Growth Equity"
Tebra, which works in healthcare platform development in Newport Beach, raised $250M in a Growth round announced on 17 Dec 2025, led by Hildred. 5 firms took part. It is Tebra's fifth venture round on record; the one before was a Growth in Jul 2022.
$250M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Tebra did not disclose a valuation in this round; its last disclosed one was $1.00B at the Growth (Jul 2022). It came 41 months after Tebra's Growth. It is 58% of the $427M Tebra has raised in the venture rounds on record. No later venture round is on record for Tebra.
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 28 Jul 2015, led by Montreux Growth Partners $55M
- Growth 7 Jul 2022, led by Golub Capital $72M$1.00B post-money
- Growth this round 17 Dec 2025, led by Hildred $250M
Investors
Who put money in
Hildred led the round with 4 other firms.
Lead investor
- backs 3 venture-backed companies new investor
Also in the round
- J.P. Morgan new investor
- backs 39 venture-backed companies new investor
- backs 41 venture-backed companies new investor
- backs 18 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
384 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $55M, and this round was 4.6 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Armis Tech Companies | 30 Dec 2025 | $7.75B | not disclosed | ServiceNow |
| Moveworks Tech Companies | 30 Dec 2025 | $2.85B | not disclosed | ServiceNow |
| BioRender Tech Companies | 18 Dec 2025 | $900M | not disclosed | not named |
| Tech Companies | 3 Dec 2025 | $265M | not disclosed | LDC |
| Tech Companies | 1 Dec 2025 | $140M | $442M | not named |
| Tech Companies | 18 Dec 2025 | $117M | not disclosed | Blue Cloud Ventures |
| Tech Companies | 11 Dec 2025 | $84M | not disclosed | Mainsail Partners |
| Tech Companies | 31 Dec 2025 | $77M | not disclosed | not named |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Tebra raise in its Growth round?
Tebra raised $250M in its Growth round, announced in Dec 2025.
Who led Tebra's Growth round?
Hildred led it, with J.P. Morgan, Toba Capital, Transformation Capital and HLM Investment Partners.
What was Tebra's valuation at the Growth round?
It was not disclosed; its last disclosed one was $1.00B at the Growth (Jul 2022).
How does it compare with other Growth rounds in Tech Companies?
384 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $55M, and this round was 4.6 times the median.