ARRIS (also known as ARRIS Composites) is an industrial engineering and technology company that provides composites for mass-market applications. The company was founded in 2017 by Ethan Escowitz and headquartered in Berkeley, CA. ARRIS enables the design and manufacturing of products at scale in the aerospace, sport and automotive sectors.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
04/30/2024 | Series C-1 | $54.63MM | $xx.xx | $191.97MM | Alumni Ventures Group, Bosch Ventures, Modern Venture Partners, Nea, Standard Industries, St Engineering, Taiwania Capital, Vertex Holdings, Xn, Youngone, Zebra Technologies | |
Price per Share
$xx.xx
Shares Outstanding
20,600,759
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
Alumni Ventures Group, Bosch Ventures, Modern Venture Partners, Nea, Standard Industries, St Engineering, Taiwania Capital, Vertex Holdings, Xn, Youngone, Zebra Technologies
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11/09/2021 | Series C | $77.49MM | $xx.xx | $303.17MM | Alumni Ventures Group, Bosch, Modern Venture Partners, New Enterprise Associates, Taiwania Capital, Valo Ventures, Xn | |
Price per Share
$xx.xx
Shares Outstanding
9,860,288
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.4x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alumni Ventures Group, Bosch, Modern Venture Partners, New Enterprise Associates, Taiwania Capital, Valo Ventures, Xn
|
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04/13/2020 | Series B | $48.69MM | $xx.xx | $155.95MM | New Enterprise Associates, Taiwania Capital | |
Price per Share
$xx.xx
Shares Outstanding
7,915,701
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.3x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
New Enterprise Associates, Taiwania Capital
|
||||||
05/20/2019 | Series A-1 | $259,993.31 | $xx.xx | $42.05MM | Alumni Ventures Group, New Enterprise Associates, Valo Ventures | |
Price per Share
$xx.xx
Shares Outstanding
168,444
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
Alumni Ventures Group, New Enterprise Associates, Valo Ventures
|
||||||
05/20/2019 | Series A | $10MM | $xx.xx | $42.05MM | Alumni Ventures Group, New Enterprise Associates, Valo Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,282,347
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.1x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alumni Ventures Group, New Enterprise Associates, Valo Ventures
|