Funding round
TierPoint Growth
Reported as "Growth Equity"
TierPoint, which works in data center solutions leasing in St. Louis, raised $500M in a Growth round announced on 28 Feb 2022. 1 firm took part. It is TierPoint's second venture round on record; the one before was a Growth in Mar 2020.
$500M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
TierPoint did not disclose a valuation in this round. It came 23 months after TierPoint's Growth. It is 61% of the $820M TierPoint has raised in the venture rounds on record. No later venture round is on record for TierPoint.
TierPoint's funding rounds
TierPoint has 2 venture rounds on record. This one is highlighted.
- Growth 24 Mar 2020, led by Argo Infrastructure Partners, Wafra and Macquarie $320M
- Growth this round 28 Feb 2022 $500M
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- new investor
Comparable rounds
How it compares
The closest in time, other companies' Growth rounds in Hosting & Cloud Infrastructure Providers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Princeton Digital Group Hosting & Cloud Infrastructure Providers | 22 Feb 2022 | $500M | not disclosed | Mubadala |
| Hosting & Cloud Infrastructure Providers | 1 Jun 2022 | $66M | not disclosed | SoftBank Vision Fund and GGV Capital |
| Hosting & Cloud Infrastructure Providers | 20 Jul 2021 | undisclosed | not disclosed | Spotlight Equity Partners |
| Hosting & Cloud Infrastructure Providers | 8 Nov 2022 | $50M | not disclosed | Helios Investment Partners |
| Hosting & Cloud Infrastructure Providers | 26 Jan 2023 | $122M | $810M | IMM Investment |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did TierPoint raise in its Growth round?
TierPoint raised $500M in its Growth round, announced in Feb 2022.
Which investors took part in TierPoint's Growth round?
Argo Infrastructure Partners.
What was TierPoint's valuation at the Growth round?
It was not disclosed.