Total amount raised
$170 Millions
Latest funding date
5/1/2022
Location
Bravado has successfully raised funding through multiple rounds, with its latest being a Series B. The platform serves as a community and resource hub for B2B sales professionals, offering tools and services to enhance their careers.
Keep reading to explore the intricacies of Bravado's fundraising journey and the investors backing this innovative platform.
What Is Bravado?
Bravado, founded on July 1, 2017, is a community platform for B2B sales professionals. Headquartered in San Francisco, California, the company offers tools and events to help members build personal brands and connect with peers.
The founders of Bravado are Christopher He, Sahil Mansuri, and Yoni Acriche. The platform is designed to amplify the voices of sales professionals and help them excel in their careers.
With a team of 11-50 employees, Bravado continues to grow, providing valuable resources and networking opportunities for its members.
How Much Funding Has Bravado Raised?
- Seed Round
- Amount Raised: $550K
- Date: June 2017
- Lead Investors: Freestyle Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the platform and build initial features.
- Series A
- Amount Raised: $2.9M
- Date: April 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and develop more advanced tools for users.
- Series A
- Amount Raised: $8.5M
- Date: July 2019
- Lead Investors: Redpoint
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance the platform's capabilities.
- Series B
- Amount Raised: $26M
- Date: May 2022
- Lead Investors: Tiger Global Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and expand operations, including the acquisition of Compgauge.
Total Amount Raised: $37.95M. Current Valuation: Not publicly disclosed.
Key Investors
- Tiger Global Management
- Details: Tiger Global Management is a leading global investment firm that focuses on private and public companies. They have a strong presence in the internet, software, consumer, and financial technology sectors.
- Investment Focus Areas: Internet, software, consumer, financial technology.
- Notable Investments: Facebook, LinkedIn, Spotify.
- Redpoint Ventures
- Details: Redpoint Ventures is a venture capital firm that invests in seed, early, and growth-stage companies. They have a diverse portfolio across various sectors, including technology and healthcare.
- Investment Focus Areas: Technology, healthcare.
- Notable Investments: Netflix, Stripe, Twilio.
- Freestyle Capital
- Details: Freestyle Capital is an early-stage venture capital firm that invests in technology startups. They focus on providing support and resources to help startups grow and succeed.
- Investment Focus Areas: Technology startups.
- Notable Investments: Airtable, Patreon.
- XYZ Ventures
- Details: XYZ Ventures is a venture capital firm that invests in early-stage technology companies. They aim to support innovative startups with the potential for significant growth.
- Investment Focus Areas: Early-stage technology companies.
- Notable Investments: Gusto, Anduril.
- Precursor Ventures
- Details: Precursor Ventures is a venture capital firm focused on investing in pre-seed and seed-stage companies. They provide early support to startups with promising ideas and potential.
- Investment Focus Areas: Pre-seed, seed-stage companies.
- Notable Investments: The Athletic, Clearbanc.
What's Next for Bravado?
Bravado stands at the cusp of significant growth, driven by its expanding Talent Marketplace and the recent acquisition of Compgauge. With over 200,000 members across 72 countries, the platform is poised to become a central hub for B2B sales professionals seeking job matching, educational resources, and community support.
Future fundraising opportunities appear promising, given the successful Series B round and the involvement of high-profile investors. As Bravado continues to scale, additional funding rounds could further enhance its offerings and market reach.
However, challenges such as maintaining the quality of educational resources and competing with other professional networks like LinkedIn remain. Ensuring the accuracy of salary data and company reviews will also be crucial as Bravado navigates its path forward.
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