Funding round
Unily Growth
Reported as "Growth Equity"
Unily, which works in digital workplace platform development in Godalming, raised $68M in a Growth round announced on 17 Jun 2019. 2 firms took part. It is Unily's first venture round on record.
$68M
Amount raised
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
Unily did not disclose a valuation in this round. It is Unily's first venture round on record, 14 years after it was founded in 2005. It is 13% of the $512M Unily has raised in the venture rounds on record. Unily raised again 30 months later: a Growth round of $444M in Dec 2021.
Unily's funding rounds
Unily has 2 venture rounds on record. This one is highlighted.
- Growth this round 17 Jun 2019 $68M
- Growth 21 Dec 2021, led by CVC $444M
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- backs 31 venture-backed companies new investor
- backs 3 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing and scaling operations.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
235 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 1.5 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 12 Jun 2019 | $227M | not disclosed | Eurazeo and Morgan Stanley |
| Druva Tech Companies | 20 Jun 2019 | $130M | not disclosed | Viking Global |
| Tech Companies | 3 Jun 2019 | $90M | not disclosed | Stillfront Group AB |
| Tech Companies | 12 Jun 2019 | $79M | not disclosed | General Catalyst |
| Tech Companies | 26 Jun 2019 | $34M | not disclosed | not named |
| Tech Companies | 12 Jun 2019 | $33M | not disclosed | National Grid Partners |
| Tech Companies | 7 Jun 2019 | $31M | not disclosed | not named |
| Tech Companies | 10 Jun 2019 | $28M | $193M | Scottish Equity Partners |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Unily raise in its Growth round?
Unily raised $68M in its Growth round, announced in Jun 2019.
Which investors took part in Unily's Growth round?
Silversmith Capital Partners and Farview.
What was Unily's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
235 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 1.5 times the median.
Did Unily raise again after this round?
Yes: a Growth round in Dec 2021 of $444M.