Forge Investment Outlook Q4 2024
asana.comEnterprise Software / ProductivityFounded: 2008Funding to Date: $214.51MM
Asana is the developer of productivity software designed to help teams manage everything from company objectives to digital transformation to product launches and marketing campaigns.
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 11/29/2018 | Series E-1 | $25.5MM | $xx.xx | $1.61B | 8VC, Founders Fund, Benchmark Capital, Generation Investment Management, Lead Edge Capital, World Innovation Lab | |
|
Price per Share
$xx.xx
Shares Outstanding
3,114,922
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
N/A
Key Investors
8VC, Founders Fund, Benchmark Capital, Generation Investment Management, Lead Edge Capital, World Innovation Lab
|
||||||
| 11/29/2018 | Series E | $25.5MM | $xx.xx | $1.61B | 8VC, Founders Fund, Benchmark Capital, Generation Investment Management, Lead Edge Capital, World Innovation Lab | |
|
Price per Share
$xx.xx
Shares Outstanding
3,114,922
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
N/A
Key Investors
8VC, Founders Fund, Benchmark Capital, Generation Investment Management, Lead Edge Capital, World Innovation Lab
|
||||||
| 02/05/2018 | Series D-1 | $37.5MM | $xx.xx | $900MM | 8VC, Founders Fund, General Invesmtnet Management, Sam Altman | |
|
Price per Share
$xx.xx
Shares Outstanding
7,176,535
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
N/A
Key Investors
8VC, Founders Fund, General Invesmtnet Management, Sam Altman
|
||||||
| 02/05/2018 | Series D | $37.5MM | $xx.xx | $900MM | 8VC, Founders Fund, General Invesmtnet Management, Sam Altman | |
|
Price per Share
$xx.xx
Shares Outstanding
7,176,535
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
N/A
Key Investors
8VC, Founders Fund, General Invesmtnet Management, Sam Altman
|
||||||
| 03/30/2016 | Series C-1 | $25MM | $xx.xx | $600MM | 8VC, Founders Fund, VTF apital, Y Combinator, Mark Zuckerberg, Adam D'Angelo and other accredited investors | |
|
Price per Share
$xx.xx
Shares Outstanding
5,860,233
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
N/A
Key Investors
8VC, Founders Fund, VTF apital, Y Combinator, Mark Zuckerberg, Adam D'Angelo and other accredited investors
|
||||||
| 03/30/2016 | Series C | $25MM | $xx.xx | $600MM | 8VC, Founders Fund, VTF apital, Y Combinator, Mark Zuckerberg, Adam D'Angelo and other accredited investors | |
|
Price per Share
$xx.xx
Shares Outstanding
5,860,233
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
N/A
Key Investors
8VC, Founders Fund, VTF apital, Y Combinator, Mark Zuckerberg, Adam D'Angelo and other accredited investors
|
||||||
| 07/31/2012 | Series B-1 | $14MM | $xx.xx | $310MM | Andreessen Horowitz, Benchmark Capital, Kapor Capital, Founders Fund, Marc Andreessen, Benjamin Horowitz, Aditya Agarwal and other accredited investors | |
|
Price per Share
$xx.xx
Shares Outstanding
5,169,997
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
N/A
Key Investors
Andreessen Horowitz, Benchmark Capital, Kapor Capital, Founders Fund, Marc Andreessen, Benjamin Horowitz, Aditya Agarwal and other accredited investors
|
||||||
| 07/31/2012 | Series B | $14MM | $xx.xx | $310MM | Andreessen Horowitz, Benchmark Capital, Kapor Capital, Founders Fund, Marc Andreessen, Benjamin Horowitz, Aditya Agarwal and other accredited investors | |
|
Price per Share
$xx.xx
Shares Outstanding
5,169,997
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
N/A
Key Investors
Andreessen Horowitz, Benchmark Capital, Kapor Capital, Founders Fund, Marc Andreessen, Benjamin Horowitz, Aditya Agarwal and other accredited investors
|
||||||
| 12/07/2009 | Series A-1 | $5.26MM | $xx.xx | $52.5MM | Andreessen Horowitz, Benchmark Capital, SV Angel, Mitchell Kapor | |
|
Price per Share
$xx.xx
Shares Outstanding
10,385,260
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
N/A
Key Investors
Andreessen Horowitz, Benchmark Capital, SV Angel, Mitchell Kapor
|
||||||
| 12/07/2009 | Series A | $5.26MM | $xx.xx | $52.5MM | Andreessen Horowitz, Benchmark Capital, SV Angel, Mitchell Kapor | |
|
Price per Share
$xx.xx
Shares Outstanding
10,385,260
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
N/A
Key Investors
Andreessen Horowitz, Benchmark Capital, SV Angel, Mitchell Kapor
|
||||||
Off the heels of major tech companies taking the DPO route for their public listings (i.e. Slack and Spotify), two more direct listings hit the public markets in September and made waves. Palantir and Asana both made their public debuts the last week of September, and both decided to go with a direct listing or DPO.
