Funding round
Virgin Voyages Growth
Reported as "Growth Equity"
Virgin Voyages, which works in luxury cruise services in Plantation, raised $550M in a Growth round announced on 16 Aug 2022, led by BlackRock. 3 firms took part.
$550M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Virgin Voyages did not disclose a valuation in this round. It is Virgin Voyages' first venture round on record, 8 years after it was founded in 2014. No later venture round is on record for Virgin Voyages.
Virgin Voyages' funding rounds
This is the only venture round on record for Virgin Voyages.
- Growth this round 16 Aug 2022, led by BlackRock $550M
Investors
Who put money in
BlackRock led the round with 2 other firms.
Lead investor
- BlackRock new investor
Also in the round
- backs 8 venture-backed companies new investor
- Virgin Group new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and working capital.
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Clothing Stores | 4 Aug 2022 | $700M | not disclosed | ACON Investments |
| Cryptocurrency | 15 Aug 2022 | $350M | $1.00B | Andreessen Horowitz |
| Flow Real Estate Rental | 15 Aug 2022 | $350M | $1.00B | Andreessen Horowitz |
| Home Health Care | 4 Aug 2022 | $320M | not disclosed | Kairos HQ |
| Lunar Energy Batteries | 24 Aug 2022 | $300M | not disclosed | Sunrun and SK Group |
| Software Development Services | 29 Aug 2022 | $200M | $1.80B | Standard Crypto and Paradigm |
| Stegra Scrap Metals | 29 Aug 2022 | $190M | not disclosed | not named |
| Chemicals | 12 Aug 2022 | $109M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Virgin Voyages raise in its Growth round?
Virgin Voyages raised $550M in its Growth round, announced in Aug 2022.
Who led Virgin Voyages' Growth round?
BlackRock led it, with Bain Capital Private Equity and Virgin Group.
What was Virgin Voyages' valuation at the Growth round?
It was not disclosed.