Pre-money valuation

Vimeo Raises $300 Million of Equity

Retrieved on: 
Monday, January 25, 2021
Finance, Money, Investment, Valuation, IAC, Video hosting, Video on demand services, Vimeo, Anjali Sud, Venture capital, Pre-money valuation, Anjali

This follows the November 2020 announcement of the company's $150 million equity raise and IAC's plan to spin-off Vimeo into an independent, separately-traded public company.

Key Points: 
  • This follows the November 2020 announcement of the company's $150 million equity raise and IAC's plan to spin-off Vimeo into an independent, separately-traded public company.
  • The new investment occurred in two tranches, consisting of $200 million at a $5.2 billion pre-money valuation and $100 million at a $5.7 billion pre-money valuation.
  • In December, Vimeo saw its highest month of year-over-year revenue growth57 percentfor all of 2020.
  • "As the world embraces video like never before, Vimeo is in an incredibly strong position tohelp more businesses take advantage of this powerful medium," said Anjali Sud, CEO, Vimeo.

Power Corporation's FinTech Strategies Creating Shareholder Value - Wealthsimple announces $114 million investment led by TCV

Retrieved on: 
Wednesday, October 14, 2020
Finance, Money, Investment, Valuation, Financial technology, Wealthsimple, Private equity, Venture capital, Power Corporation of Canada, Pre-money valuation, Investment value

MONTRAL, Oct. 14, 2020 /CNW Telbec/ -Wealthsimple Financial Corp. ("Wealthsimple"), a member of the Power Corporation Group of Companies, today announced it had raised $114 million on a pre-money valuation of $1.4billion (the "Investment").

Key Points: 
  • MONTRAL, Oct. 14, 2020 /CNW Telbec/ -Wealthsimple Financial Corp. ("Wealthsimple"), a member of the Power Corporation Group of Companies, today announced it had raised $114 million on a pre-money valuation of $1.4billion (the "Investment").
  • The purchase price associated with the Investment values the equity of Wealthsimple at $1.5 billion (versus a $1.4billion pre-money valuation).
  • At a pre-money valuation of Wealthsimple of $1.4 billion, the PCC Group's investment has a fair value of $934 million.
  • With this Investment, IGM Financial will adjust this fair value assessment by $298 million to $550 million to reflect this revised valuation of Wealthsimple.

ALYI - Alternet Announces Engineering Engagement to Build 100 Acer Facility

Retrieved on: 
Wednesday, July 8, 2020
Financial markets, Finance, Money, Structured finance, Private equity, Valuation, Venture capital, Tranche, Pre-money valuation

The electric mobility conference and symposium is one component of ALYI's overall $300 million initiative to introduce electric motorcycles to the ride-share market in Africa.

Key Points: 
  • The electric mobility conference and symposium is one component of ALYI's overall $300 million initiative to introduce electric motorcycles to the ride-share market in Africa.
  • The ALYI first tranche $25 million investment is one component of the investor's overall $100 million initial cryptocurrency offering (ICO) strategy.
  • The $25 million first tranche investment is structured at a $50 million pre-money valuation of ALYI in consideration of the company's $300 million electric mobility initiative.
  • The $25 million first tranche investment represents a valuation of ALYI common stock at approximately $0.05 per share.

ALYI - Alternet Announces $25 Million Pre ICO Investment Deal at $50 Million Valuation

Retrieved on: 
Tuesday, June 30, 2020
Financial markets, Finance, Money, Structured finance, Private equity, Valuation, Venture capital, Tranche, Pre-money valuation

DALLAS, June 30, 2020 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today announced executing a letter of intent (LOI) for a $25 million first tranche investment to fund ALYI's $300 million electric mobility initiative in Africa.

Key Points: 
  • DALLAS, June 30, 2020 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today announced executing a letter of intent (LOI) for a $25 million first tranche investment to fund ALYI's $300 million electric mobility initiative in Africa.
  • The $25 million first tranche investment is structured at a $50 million pre-money valuation of ALYI in consideration of the company's $300 million electric mobility initiative.The $25 million first tranche investment represents a valuation of ALYI common stock at approximately $0.05 per share.
  • The first $25 million tranche is structured to result in a change of control with the investor becoming the controlling shareholder.
  • A second tranche at a valuation calculated after the first $25 million investment is planned before the end of the year.

ALYI - Alternet To Finalize Terms For Receiving $25 Million Investment

Retrieved on: 
Thursday, June 25, 2020
Financial markets, Finance, Money, Valuation, Structured finance, Private equity, Venture capital, Pre-money valuation, Tranche, Kik Messenger

DALLAS, June 25, 2020 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today announced plans to finalize terms and execute a letter of intent (LOI) next week on Tuesday, June 30, 2020 for a $25 million first tranche investment to fund ALYI's $300 million electric mobility initiative in Africa.

Key Points: 
  • DALLAS, June 25, 2020 /PRNewswire/ -- Alternet Systems, Inc. (USOTC: ALYI) today announced plans to finalize terms and execute a letter of intent (LOI) next week on Tuesday, June 30, 2020 for a $25 million first tranche investment to fund ALYI's $300 million electric mobility initiative in Africa.
  • The working terms include an approximate $50 million pre-money valuation of ALYI in consideration of the company's $300 million electric mobility initiative.The $25 million first tranche investment represents a valuation of ALYI common stock at approximately $0.05 per share.
  • The first $25 million tranche is intended to result in a change of control with the investor becoming the controlling shareholder.
  • The planned ALYI investment is one component of an overall $100 million initial cryptocurrency offering (ICO) strategy.

Equifund Partners with Leading Private Equity Valuation Firm

Retrieved on: 
Friday, April 17, 2020
Economy, Finance, Money, Entrepreneurship, Financial economics, Valuation, Private equity, Business valuation, Crowdfunding, Startup company, Equity crowdfunding, Pre-money valuation

"More than 130,000 companies have trusted Equidam for an unbiased valuation of their business.

Key Points: 
  • "More than 130,000 companies have trusted Equidam for an unbiased valuation of their business.
  • Equidam's technology combines five leading startup valuation methods with data from 90 countries and 136 industries to provide a comprehensive business valuation report.
  • Equifund is an equity crowdfunding platform that delivers vetted, early-stage investment opportunities to accredited and non-accredited individuals.
  • As a full-stack platform, Equifund allows investors to discover opportunities, review offering documents and execute an investment in a single place.

Shape Security Raises $51M in Growth Funding at $1B Valuation

Retrieved on: 
Thursday, September 12, 2019
Valuation, Pre-money valuation, Private equity, Venture capital

This new capital brings the company's total amount raised to $183 million with a pre-money valuation of $1 billion.

Key Points: 
  • This new capital brings the company's total amount raised to $183 million with a pre-money valuation of $1 billion.
  • "This investment will help us scale our international operations and fuel our AI development," said Derek Smith, co-founder and CEO of Shape.
  • "Shape's growth and product innovation is unlike anything we've seen in enterprise security," said Andr Pienaar, managing partner of C5 Capital.
  • Our relationship with Shape is critical to providing the enterprise security and ease of use that travelers deserve and expect of us."

Shape Security Raises $51M in Growth Funding at $1B Valuation

Retrieved on: 
Thursday, September 12, 2019
Valuation, Pre-money valuation, Private equity, Venture capital

This new capital brings the company's total amount raised to $183 million with a pre-money valuation of $1 billion.

Key Points: 
  • This new capital brings the company's total amount raised to $183 million with a pre-money valuation of $1 billion.
  • "This investment will help us scale our international operations and fuel our AI development," said Derek Smith, co-founder and CEO of Shape.
  • "Shape's growth and product innovation is unlike anything we've seen in enterprise security," said Andr Pienaar, managing partner of C5 Capital.
  • Our relationship with Shape is critical to providing the enterprise security and ease of use that travelers deserve and expect of us."