Funding round
Zipline Series C
Zipline, which works in autonomous drone delivery services in South San Francisco, raised $6.0M in a Series C round announced on 1 Oct 2014. 1 firm took part. It is Zipline's second venture round on record; the one before was a Series A in Jan 2012.
$6.0M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Zipline did not disclose a valuation in this round. It came 33 months after Zipline's Series A. It is under 1% of the $1.74B Zipline has raised in the venture rounds on record. Zipline raised again 80 months later: a Growth round of $250M in Jun 2021, at $2.75B post-money.
Zipline's funding rounds
Zipline has 6 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 1 Jan 2012 $5.0M
- Series C this round 1 Oct 2014 $6.0M
- Growth 30 Jun 2021, led by Baillie Gifford $250M$2.75B post-money
- Series F 10 Apr 2023, led by Baillie Gifford and Temasek $330M$4.20B post-money
- Series G 1 Jun 2024 $350M
- Grant not a venture round 25 Nov 2025, led by U.S. State Department $150M
- Series H+ 23 Mar 2026, led by Fidelity Management & Research Company, Baillie Gifford and Valor $800M$7.60B post-money
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 9 venture-backed companies new investor
Joined the board: Dr. Min Zhou (China Materialia).
Use of proceeds
What the money is for
According to the announcement, the money goes to sales and marketing.
- Sales and marketing
Comparable rounds
How it compares
The closest in time: Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 8 Oct 2014 | $60M | $300M | Atomico and Kleiner Perkins |
| Tech Companies | 12 Oct 2014 | $25M | not disclosed | Bessemer Venture Partners |
| Online Marketplace | 1 Oct 2014 | $22M | not disclosed | not named |
| Real Estate Investment | 30 Oct 2014 | $14M | not disclosed | Roth Capital Partners |
| Financial Services | 3 Sep 2014 | $75M | not disclosed | Spark Capital |
| Tech Companies | 23 Sep 2014 | $55M | not disclosed | Founders Fund |
| Cosmetics Stores | 23 Sep 2014 | $50M | not disclosed | Technology Crossover Ventures |
| Tech Companies | 16 Sep 2014 | $40M | not disclosed | Sequoia Capital |
Questions
Frequently asked
How much did Zipline raise in its Series C round?
Zipline raised $6.0M in its Series C round, announced in Oct 2014.
Which investors took part in Zipline's Series C round?
XSeed Capital.
What was Zipline's valuation at the Series C round?
It was not disclosed.
Did Zipline raise again after this round?
Yes: a Growth round in Jun 2021 of $250M at $2.75B post-money.