Funding round
Yesway & Allsup’s Rewards Growth
Reported as "Growth Equity"
Yesway & Allsup’s Rewards, which works in convenience store retail in Fort Worth, raised $235M in a Growth round announced on 28 Oct 2020. 1 firm took part. It is Yesway & Allsup’s Rewards' first venture round on record.
$235M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Yesway & Allsup’s Rewards did not disclose a valuation in this round. It is Yesway & Allsup’s Rewards' first venture round on record, 5 years after it was founded in 2015. It is 55% of the $425M Yesway & Allsup’s Rewards has raised in the venture rounds on record. Yesway & Allsup’s Rewards raised again 20 months later: a Growth round of $190M in Jun 2022.
Yesway & Allsup’s Rewards' funding rounds
Yesway & Allsup’s Rewards has 2 venture rounds on record. This one is highlighted.
- Growth this round 28 Oct 2020 $235M
- Growth 1 Jun 2022 $190M
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, scaling operations, acquisitions and working capital.
- Geographic expansion
- Scaling operations
- Acquisitions
- 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 |
|---|---|---|---|---|
| Building Material Manufacturers | 19 Oct 2020 | $4.00B | not disclosed | Clayton Dubilier & Rice |
| Cerevel Pharmaceutical Products | 27 Oct 2020 | $440M | not disclosed | Perceptive Advisors |
| Gopuff Groceries | 8 Oct 2020 | $380M | $3.90B | Accel and D1 Capital Partners |
| Tech Companies | 13 Oct 2020 | $215M | not disclosed | not named |
| Real Estate Investment | 1 Oct 2020 | $196M | not disclosed | not named |
| Redaptive Other Engineering Services | 7 Oct 2020 | $157M | not disclosed | AB CarVal |
| Alarms, Surveillance & Security Systems | 16 Oct 2020 | $147M | not disclosed | not named |
| LIVEKINDLY Collective Food Production | 14 Oct 2020 | $135M | not disclosed | Blue Horizon |
Sources
Where this comes from
Reported by 4 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Yesway & Allsup’s Rewards raise in its Growth round?
Yesway & Allsup’s Rewards raised $235M in its Growth round, announced in Oct 2020.
Which investors took part in Yesway & Allsup’s Rewards' Growth round?
Brookwood.
What was Yesway & Allsup’s Rewards' valuation at the Growth round?
It was not disclosed.
Did Yesway & Allsup’s Rewards raise again after this round?
Yes: a Growth round in Jun 2022 of $190M.