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The 19 Biggest Venture Deals 2017/Early 2018

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The 19 Biggest Venture Deals 2017/Early 2018 The 19 Biggest Venture Deals 2017/Early 2018 $4.4 billion The 19 Biggest Venture Deals 2017/Early 2018 SoftBank Vision Fund led the top three investment rounds on this list. $865 million Deals by Company Sector: $500 million $400 million $117 million BuildingConnected received a major boost from lead investor Lightspeed Deals by Series Round: Venture Partners, who is not known to be $30 construction-focused. million 5% 5% Venture Private Round Equity Round $26 million $22 million $21 11% $21 E Series million million $20 million 11% D Series $13 million $12 $12 million million $10 million SERIES ROUND KEY $7.35 million $7 A Series million $6 $6 million million B Series C Series D Series E Series PRIVATE EQUITY ROUND VENTURE ROUND 1260 W Madison St. Chicago, IL 60607 | 312-366-2869 | BuiltWorlds.com The 19 Biggest Venture Deals 2017/Early 2018 1. WeWork - $4.4 billion 5. Uptake - $117 million Investor: SoftBank Vision Fund Baillie Gifford, Revolution, GreatPoint Ventures Investors: Private Equity Round, August 25, 2017 Series D, November 30, 2017 Tokyo telecommunications corporation, SoftBank, announced their $100 Following close behind their $90 million Series C in April, Uptake closed an billion tech-focused Vision Fund in late 2016 and followed it up with an even bigger Series D at $117 million, led by UK venture firm Baillie Gifford. aggregated $4.4 billion investment in WeWork. The deal included $1.4 Via predictive analytics, Uptake’s SaaS platform improves productivity and going toward the company’s subsidiaries WeWork Japan, WeWork China, safety of complex industrial systems (construction, energy, agriculture). and WeWork Pacific. Combined with five acquisitions (including Fieldlens), They have embraced IoT tech as a major tool in gathering big data, thereby a $760 million Series G, and their highly-reported valuation topping $20 attracting venture firms looking to nurture such advances in the industry. billion, 2018 was certainly a defining year for shared workspace giant. 6. SpotHero - $30 million 2. Katerra - $865 million Investors: Insight Venture Partners, Global Founders Capital, Investors: SoftBank Vision Fund, Canada Pension Plan Investment e.ventures, Pritzker Group Venture Capital, OCA Ventures, MATH Board, a private investment fund managed by Soros Fund Venture Partners, Levy Family Partners, Draper Associates, Daniel Management LLC, Tavistock Group, Navitas Capital, DivcoWest Hoffer, Corazon Capital, Chicago Ventures, Bullpen Capital, Series D, January 24, 2018 Autotech Ventures Series C, July 18, 2017 All of a sudden Katerra looks less like a construction company and more like a multibillion dollar Silicon Valley tech startup. (It’s both.) The three- year-old construction industry disrupter just announced their mammoth In its first investment round in two years, the Chicago-based parking $865 million Series D, led by none other than SoftBank Vision Fund. Their reservation app pulled in $30 million in Series C funding. This came off the investment in Katerra reportedly set the startup’s valuation upwards of $3 back of the launch of SpotHero for Business, which assists employees in billion. Michael Marks, Katerra’s Chairman and Co-Founder, says that the directly expensing their parking fees as well as the company’s acquisition new funding will help the startup open up to 4 new factories in the next few of Parking Panda, allowing them to expand into Canada. SpotHero utilized its new capital to launch HeroTech, a suite of software providing event years. We also may be seeing an IPO before too long. parking, valet, and VIP parking services. 3. Compass - $500 million 7. EquipmentShare - $26 million Investors: SoftBank Vision Fund, Sinai Ventures Investors: Insight Venture Partners, Romulus Capital, Y Series E, December 7, 2017 Combinator, Alrai Capital Immediately following a $100 million round led by Fidelity Investments, Series B, January 24, 2017 Compass closes a monster Series E bringing in $450 million from SoftBank Vision Fund and Sinai Ventures as well as $50 million from secondary deals. According to Founder and Executive Chairman Ori Allon, the added EquipmentShare’s Series B (it’s largest round by almost 5x) enables the capital will allow the company to bring their real estate platform into a 3-year-old company not only to expand its national market, but also to global market. build out its ES Track system, which gathers usage data on the equipment being shared out by its customers. With this collected data, the company hopes to implement predictive failure analytics in the near future. 4. Houzz - $400 million Iconiq Capital, Zeev Ventures, Wellington Management, Investors: 8. BuildingConnected - $22 million Sequoia Capital, GGV Capital Investors: Lightspeed Venture Partners, Crosslink Capital, Brick & , June 9, 2017 Series E Mortar Ventures, Bee Partners, Freestyle Capital, Homebrew Leading online platform for home remodeling and design, Houzz has Series B, September 28, 2017 quietly reached a $4 billion valuation following a huge $400 million Series E financing led by Iconiq Capital. The company has recently expanded its The preconstruction CRM/bidding platform from Dustin DeVan and Jesse user network to several countries around the globe as well as introduced a Pedersen received a major boost from lead investor Lightspeed Venture deep learning tool that can filter products according to data gathered from Partners. Their ability to attract a top-tier VC (and one that is not known home photos. Houzz will continue to expand globally with the help of its to be construction-focused) certainly bodes well for the company’s future newest investment partners. rounds. 1260 W Madison St. Chicago, IL 60607 | 312-366-2869 | BuiltWorlds.com The 19 Biggest Venture Deals 2017/Early 2018 9. Built Technologies, Inc. - $21 million 13. Dispatch - $12 million Investors: Index Ventures, Nyca Partners Investors: ServiceMaster, GrandBanks Capital, Salesforce, Recruit Strategic Partners, Promus Ventures, Liberty Mutual Series A, November 14, 2017 Strategic Partners, Kleiner Perkins Caufield & Byers, Huff Capital, Built Technologies hit the ground running with their cloud-based GrandBanks Capital, Assurant Growth Investing construction lending software. CEO Chase Gilbert said they had not , June 14, 2017 seeking outside investment, however after Swiss firm Index Ventures Series A called them up, followed by New York’s Nyca Partners, both voicing serious On demand maintenance and repair service platform, Dispatch, finished interest, they couldn’t pass up the opportunity to double their workforce up a Series A with $12 million in funding led by home services leader in the coming year. Gilbert says the capital will also help them to develop ServiceMaster and GrandBanks Capital. ServiceMaster has been a major analytical tools, providing greater scientific lending data for their client client of Dispatch’s booking service and praises the company for helping network. to streamline both their extermination (Terminix) and home warranty (American Home Shield) services. CEO Avi Goldberg says they will now focus on building out their sales and customer service teams. 10. Brilliant - $21 million Investors: August Capital, StartX, Miramar Ventures, Eric Kwan, BoxGroup 14. Assemble Systems - $12 million Series A, October 11, 2017 Investors: Autodesk Forge Fund, Satterfield Vintage Investments, Assemble Investments After two years developing its Brilliant Control smart home system, Brilliant brings in $21 million in their Series A, led by major venture player August Capital. The company also announced that they are bringing in former Series A, November 15, 2017 Sonos Sales Executive Kostas Reissis to be their new Vice President of Sales. With their in-demand product hitting the market early this year, the This past November, Boston-based Assemble Systems got a significant new capital will certainly help the company to hit their production goals. boost to their BIM data management software in their Series A led by Autodesk’s Forge Fund. The Forge Fund will continue to focus on startups who are developing disruptive software technology using their Forge programming platform. Autodesk has taken an interest in Boston 11. Bowery Farming, Inc. - $20 million construction software companies, funding three others since 2016 Investors: General Catalyst, GGV Capital, GV, Flybridge Capital (Smartvid.io, ManufactOn, and Formlabs). Partners, First Round Capital Series A, June 14, 2017 15. Eden - $10 million An big Series A was just what Irving Fain, Brian Falther, and David Golden Investors: s28 Capital, Y Combinator, Maven Ventures, Fifth Wall, were looking for to take their successful vertical farming solution to the Eniac Ventures, Comcast Ventures, Canvas Ventures, Bessemer next level. The New York-based company takes advantage of new tech (LED lighting, data analytics, and machine learning integrated into their Venture Partners BoweryOS system) to allow their New Jersey warehouse farm to produce an incredible amount of greens year round. Series A, September 27, 2017 Eden’s workplace management platform closed out a $10 million Series A led by s28 Capital’s Spectrum 28 Fund in September. Joe Du Bey, Eden 12. Honest Buildings - $13 million Founder and CEO, says that the raised capital will help the company to Investors: Thrive Capital, The Westly Group, Rudin Ventures, build out their workforce and expand their national marketplace beyond RockPort Capital, RiverPark Ventures, Navitas Capital, Greensoil San Francisco, LA, NY, and Austin. Building
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