Funding round
Vuori Series C
Vuori, which works in athletic and performance apparel manufacturing in Carlsbad, raised $400M in a Series C round announced on 13 Oct 2021, led by SoftBank Vision Fund, at a $4.00B post-money valuation. 1 firm took part. It is Vuori's third venture round on record; the one before was a Series A in Aug 2019.
$400M
Amount raised
$4.00B
Post-money valuation
$3.60B pre-money
1
Investors
1 lead
20x
Step-up from the Series A
$200M in Aug 2019
10%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Vuori at $4.00B after the new money, 20.0 times the $200M of its Series A (Aug 2019). The $400M bought investors about 10% of the company. It came 26 months after Vuori's Series A. It is 90% of the $445M Vuori has raised in the venture rounds on record. No later venture round is on record for Vuori.
Vuori's funding rounds
Vuori has 3 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
SoftBank Vision Fund led the round.
Lead investor
- SoftBank Vision Fund backs 234 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, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Clothing Manufacturers, then Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Clothing Manufacturers | 22 Feb 2022 | $40M | not disclosed | QY Capital |
| Clothing Manufacturers | 20 Apr 2022 | $101M | not disclosed | H&M Group |
| Dreame Norway Appliance Stores | 1 Oct 2021 | $563M | not disclosed | Huaxing Growth Capital and CPE |
| Orca Security Tech Companies | 5 Oct 2021 | $550M | $1.80B | Temasek |
| ClickUp Tech Companies | 27 Oct 2021 | $400M | $4.00B | Andreessen Horowitz and Tiger Global |
| Rippling Tech Companies | 21 Oct 2021 | $279M | $6.52B | Sequoia Capital |
| Tech Companies | 8 Oct 2021 | $275M | $10.00B | Sequoia Capital and Coatue |
| Cryptocurrency | 6 Oct 2021 | $260M | $1.90B | Andreessen Horowitz and Coinbase Ventures |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Vuori raise in its Series C round?
Vuori raised $400M in its Series C round, announced in Oct 2021.
Who led Vuori's Series C round?
SoftBank Vision Fund led it.
What was Vuori's valuation at the Series C round?
$4.00B post-money ($3.60B pre-money).