Funding round
Uniphore Series D
Uniphore, which works in business AI platform development in Palo Alto, raised $140M in a Series D round announced on 31 Mar 2021, led by Sorenson Capital Partners. 9 firms took part. It is Uniphore's third venture round on record; the one before was a Series C in Aug 2019.
$140M
Amount raised
Not disclosed
Post-money valuation
9
Investors
1 lead
Valuation
What this round says about the price
Uniphore did not disclose a valuation in this round. It came 19 months after Uniphore's Series C. It is 16% of the $860M Uniphore has raised in the venture rounds on record. Uniphore raised again 11 months later: a Series E round of $400M in Feb 2022, at $2.50B post-money.
Uniphore's funding rounds
Uniphore has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
Sorenson Capital Partners led the round with 8 other firms.
Lead investor
- Sorenson Capital Partners new investor
Also in the round
- backs 57 venture-backed companies new investor
- backs 24 venture-backed companies new investor
- backs 80 venture-backed companies new investor
- backs 12 venture-backed companies new investor
- backs 39 venture-backed companies new investor
- backs 69 venture-backed companies new investor
- backs 17 venture-backed companies new investor
- Sistema Capital new investor
Joined the board: Rob Rueckert (Sorenson Capital Partners).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, sales and marketing and scaling operations.
- Product development
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
221 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 1.4 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 9 Mar 2021 | $200M | $3.20B | Tiger Global |
| Tech Companies | 24 Mar 2021 | $200M | $1.00B | KKR |
| Tech Companies | 22 Mar 2021 | $150M | $1.00B | Coatue |
| Tech Companies | 1 Mar 2021 | $130M | $760M | Canapi Ventures |
| Tech Companies | 30 Mar 2021 | $125M | $2.10B | D1 Capital Partners |
| Job&Talent Tech Companies | 10 Mar 2021 | $119M | not disclosed | not named |
| PayFit Tech Companies | 17 Mar 2021 | $107M | not disclosed | Eurazeo and Bpifrance |
| Tech Companies | 1 Mar 2021 | $100M | $1.20B | Stripes |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Uniphore raise in its Series D round?
Uniphore raised $140M in its Series D round, announced in Mar 2021.
Who led Uniphore's Series D round?
Sorenson Capital Partners led it, with Serena, Sanabil, Cisco Investments, March Capital and National Grid Partners and 3 more.
What was Uniphore's valuation at the Series D round?
It was not disclosed.
How does it compare with other Series D rounds in Tech Companies?
221 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 1.4 times the median.
Did Uniphore raise again after this round?
Yes: a Series E round in Feb 2022 of $400M at $2.50B post-money.