BetterUp was founded in 2013 by Alexi Robichaux and Eddie Medina. BetterUp has not officially endorsed a plan to participate in an IPO.
BetterUp is a mental health coaching platform for businesses and their employees. Per Forge data, BetterUp has raised a total of $569.8 million in funding over 7 rounds. Their latest funding was raised on Oct 8, 2021, from a Series E round. Key investors include ICONIQ Growth, Wellington Management, Lightspeed Venture Partners, and Threshold.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/08/2021 | Series E | $340MM | $xx.xx | $474.94B | Iconiq Growth, Lightspeed Venture Partners, Morningside Group, Mubadala Investment Company, Plus Capital, Salesforce Ventures, Sapphire Ventures, Sv Angel, Wellington Management | |
Price per Share
$xx.xx
Shares Outstanding
58,929,963
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Iconiq Growth, Lightspeed Venture Partners, Morningside Group, Mubadala Investment Company, Plus Capital, Salesforce Ventures, Sapphire Ventures, Sv Angel, Wellington Management
|
||||||
02/25/2021 | Series D | $152.83MM | $xx.xx | $173.27B | Iconiq, Lightspeed Venture Partners, Mubadala Capital, Plus Capital, Salesforce Ventures, Sapphire Ventures, Threshold Ventures | |
Price per Share
$xx.xx
Shares Outstanding
66,080,396
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Iconiq, Lightspeed Venture Partners, Mubadala Capital, Plus Capital, Salesforce Ventures, Sapphire Ventures, Threshold Ventures
|
||||||
06/12/2019 | Series C | $124.22MM | $xx.xx | $70.44B | Crosslink Capital, Draper Fisher Jurvetson Management, Freestyle Capital, Lightspeed Venture Partners, Silicon Valley Bank, Tenaya Capital, Threshold Ventures | |
Price per Share
$xx.xx
Shares Outstanding
114,726,752
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Crosslink Capital, Draper Fisher Jurvetson Management, Freestyle Capital, Lightspeed Venture Partners, Silicon Valley Bank, Tenaya Capital, Threshold Ventures
|
||||||
03/28/2018 | Series B | $27MM | $xx.xx | $12.15B | Crosslink Capital, Draper Fisher Jurvetson Management, Freestyle Capital, Lightspeed Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
110,595,800
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Crosslink Capital, Draper Fisher Jurvetson Management, Freestyle Capital, Lightspeed Venture Partners
|
||||||
11/16/2016 | Series Seed-1 | $859,982.00 | $xx.xx | $3.46B | Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
27,405,440
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners
|
||||||
11/16/2016 | Series Seed | $2.3MM | $xx.xx | $3.46B | Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
58,635,740
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners
|
||||||
11/16/2016 | Series A | $10.09MM | $xx.xx | $3.46B | Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
96,763,320
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Crosslink Capital, Draper Fisher Jurvetson, Freestyle Capital, Social Capital, Sv Angel, Vista Venture Partners
|