Funding round
WorldStrides Growth
Reported as "Growth Equity"
WorldStrides, which works in educational tour services in Charlottesville, raised $500M in a Growth round announced on 20 Nov 2017, led by Eurazeo. 2 firms took part.
$500M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
WorldStrides did not disclose a valuation in this round. It is WorldStrides' first venture round on record, 50 years after it was founded in 1967. No later venture round is on record for WorldStrides.
WorldStrides' funding rounds
This is the only venture round on record for WorldStrides.
- Growth this round 20 Nov 2017, led by Eurazeo $500M
Investors
Who put money in
Eurazeo led the round with 1 other firm.
Lead investor
- Eurazeo backs 103 venture-backed companies new investor
Also in the round
- backs 20 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion.
- Geographic expansion
Comparable rounds
How it compares
The closest in time: 2 in Educational Consultants, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Educational Consultants | 19 Dec 2017 | undisclosed | not disclosed | not named |
| Educational Consultants | 14 Sep 2017 | $200M | not disclosed | not named |
| Clinics - Surgeons & Physicians | 29 Nov 2017 | $83M | not disclosed | not named |
| Tech Companies | 6 Nov 2017 | $77M | not disclosed | not named |
| Tech Companies | 6 Nov 2017 | $65M | $478M | Clearlake Capital Group |
| Mining & Gas Exploration | 27 Nov 2017 | $62M | not disclosed | not named |
| Tech Companies | 16 Nov 2017 | $31M | not disclosed | not named |
| Hosting & Cloud Infrastructure Providers | 8 Nov 2017 | $25M | not disclosed | Singtel Innov8 and Harmony Partners |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did WorldStrides raise in its Growth round?
WorldStrides raised $500M in its Growth round, announced in Nov 2017.
Who led WorldStrides' Growth round?
Eurazeo led it, with Primavera Capital Group.
What was WorldStrides' valuation at the Growth round?
It was not disclosed.