Coalition was founded in 2017 by John Hering and Joshua Motta. After a $205 million round of Series E funding, CEO Motta said that it could be the company's final funding round before going public, adding that the company's investors "all have impressive track records investing in long-term value creators in the public markets. We certainly see Coalition following that path." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Coalition is a cybersecurity and insurance firm that uses data to take a more comprehensive and modern approach to protecting customers against cybercrime. Coalition has acquired BinaryEdge and Attune. The company has raised $520 million in venture capital funding from investors including Durable Capital Partners, T. Rowe Price Associates, Whale Rock Capital, Index Ventures, and General Atlantic. The latest round of funding brought the company's valuation to more than $3.5 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/08/2022 | Series F-1 | $19.28MM | $xx.xx | $4.97B | Allianz X, Kinetic Partners, Valor Equity Partners | |
Price per Share
$xx.xx
Shares Outstanding
994,693
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
Allianz X, Kinetic Partners, Valor Equity Partners
|
||||||
07/08/2022 | Series F | $230.72MM | $xx.xx | $4.97B | Allianz X, Kinetic Partners, Valor Equity Partners | |
Price per Share
$xx.xx
Shares Outstanding
10,713,894
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
Allianz X, Kinetic Partners, Valor Equity Partners
|
||||||
09/28/2021 | Series E | $211MM | $xx.xx | $3.48B | Durable Capital, T. Rowe Price Associates, Whale Rock Capital | |
Price per Share
$xx.xx
Shares Outstanding
12,770,075
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
Durable Capital, T. Rowe Price Associates, Whale Rock Capital
|
||||||
03/17/2021 | Series D | $175MM | $xx.xx | $1.75B | General Atlantic, Index Ventures | |
Price per Share
$xx.xx
Shares Outstanding
19,553,726
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
General Atlantic, Index Ventures
|
||||||
05/20/2020 | Series C | $88.37MM | $xx.xx | $876.09MM | Felicis Ventures, Greenoaks Capital, Greyhound Capital, Hillhouse Capital, Ribbit Capital, Valor Equity Partners, Vy Capital | |
Price per Share
$xx.xx
Shares Outstanding
17,351,474
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
Felicis Ventures, Greenoaks Capital, Greyhound Capital, Hillhouse Capital, Ribbit Capital, Valor Equity Partners, Vy Capital
|
||||||
05/09/2019 | Series B | $25MM | $xx.xx | $242.86MM | Greenoaks Capital, Hillhouse Capital, Ribbit Capital | |
Price per Share
$xx.xx
Shares Outstanding
15,151,512
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
Greenoaks Capital, Hillhouse Capital, Ribbit Capital
|
||||||
02/28/2018 | Series A | $10MM | $xx.xx | $33.33MM | Ribbit Capital, Valor Equity Partners, Vy Capital | |
Price per Share
$xx.xx
Shares Outstanding
36,363,610
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
Ribbit Capital, Valor Equity Partners, Vy Capital
|