Funding round
Tiki Series C
Tiki, which works in marketplace platform services in Thủ Đức, raised $44M in a Series C round announced on 1 Jan 2018, led by JD.com, at a $180M post-money valuation. 1 firm took part. It is Tiki's first venture round on record.
$44M
Amount raised
$180M
Post-money valuation
1
Investors
1 lead
24%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Tiki at $180M after the new money. The $44M bought investors about 24% of the company. It is Tiki's first venture round on record, 8 years after it was founded in 2010. It is 8.3% of the $532M Tiki has raised in the venture rounds on record. Tiki raised again 17 months later: a Growth round of $100M in Jun 2019. Its next priced round, a Series E in Nov 2021, valued it at $1.00B.
Tiki's funding rounds
Tiki has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
JD.com led the round.
Lead investor
- JD.com new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Series C rounds in Decorators & Interior Designers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Decorators & Interior Designers | 28 Jun 2018 | $12M | not disclosed | CDH Investments and Morningside Group |
| Decorators & Interior Designers | 27 Jul 2017 | $15M | not disclosed | HBM Healthcare Investments |
| Decorators & Interior Designers | 19 Sep 2018 | $70M | not disclosed | TPG and Goldman Sachs |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Tiki raise in its Series C round?
Tiki raised $44M in its Series C round, announced in Jan 2018.
Who led Tiki's Series C round?
JD.com led it.
What was Tiki's valuation at the Series C round?
$180M post-money.
Did Tiki raise again after this round?
Yes: a Growth round in Jun 2019 of $100M.