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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

SEPTEMBER 13, 2021

Advisors Douglas Merritt, CEO of Splunk, and Mike Scarpelli, CFO of Snowflake, also made individual investments as angels. With the new capital, SpotOn has raised $628 million since its inception. SpotOn is paying $415 million in cash and stock for the Los Angeles-based company.

Technical Review 296
Technical Review Software Review Invest Acquisition 296
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Last Exit Wall Street: 7 Considerations When Raising Venture Capital

From the Venture Trenches

MARCH 27, 2013

The recent firing of Groupon’s CEO Andrew Mason is a cautionary tale of the increased scrutiny and heightened expectations that come from accessing increasingly larger amounts of investment capital. Is outside capital really required? Who should you approach, “friends and family”, passive investors or value added institutions?

Venture Capital 45
Venture Capital Capital Anthem Startup 45
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