Funding round
Telegram Growth
Reported as "Pre-IPO"
Telegram, which works in cloud-based messaging services in United Arab Emirates, raised $150M in a Growth round announced on 24 Mar 2021. 2 firms took part.
$150M
Amount raised
of which $150M debt
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
Telegram did not disclose a valuation in this round. It is Telegram's first venture round on record, 8 years after it was founded in 2013. No later venture round is on record for Telegram.
Telegram's funding rounds
This is the only venture round on record for Telegram.
- Growth this round 24 Mar 2021 $150M
- Debt not a venture round 18 Mar 2024 $330M
- Debt not a venture round 28 May 2025 $1.50B
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- Mubadala Investment Co
- backs 2 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion and scaling operations.
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
387 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $54M, and this round was 2.8 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Dream Sports Tech Companies | 24 Mar 2021 | $400M | $5.00B | Technology Crossover Ventures and D1 Capital Partners |
| Dapper Labs Tech Companies | 30 Mar 2021 | $305M | $2.60B | Coatue |
| Cohesity Tech Companies | 30 Mar 2021 | $145M | $3.70B | Steadfast Capital Management |
| Tech Companies | 31 Mar 2021 | $125M | not disclosed | Brighton Park Capital |
| Tech Companies | 4 Mar 2021 | $110M | not disclosed | Summit Partners and Greg Mercer |
| Tech Companies | 16 Mar 2021 | $100M | not disclosed | TA Associates |
| Tech Companies | 24 Mar 2021 | $100M | $1.25B | Sequoia Capital and Index Ventures |
| Tech Companies | 1 Mar 2021 | $58M | $477M | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Telegram raise in its Growth round?
Telegram raised $150M in its Growth round, announced in Mar 2021.
Which investors took part in Telegram's Growth round?
Mubadala Investment Co and Abu Dhabi Catalyst Partners.
What was Telegram's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
387 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $54M, and this round was 2.8 times the median.