Copper was founded in 2012 by Jon Lee. The company has not publicly endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Copper is a Customer Relationship Management platform designed specifically for companies that operate on Google Workspace. The company targets small to mid-sized businesses that are often overlooked by larger CRM providers, though Copper hopes to begin expanding their partnerships to include larger enterprises. In 2021, Copper acquired Sherlock, an engagement analytics platform. The company has raised $102 million in venture capital funding from investors including Norwest Venture Partners, GV, True Ventures, Storm Ventures, Industry Ventures, and NextWorld Capital. The company has not released official valuation figures.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/26/2017 | Series C | $52.97MM | $xx.xx | $24.58B | Gv, Industry Ventures, Next World Capital, Norwest Venture Partners, Storm Ventures, True Ventures | |
Price per Share
$xx.xx
Shares Outstanding
51,127,455
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
Gv, Industry Ventures, Next World Capital, Norwest Venture Partners, Storm Ventures, True Ventures
|
||||||
09/27/2016 | Series B | $23.74MM | $xx.xx | $11.2B | Devoteam, Industry Ventures, Next World Capital, Storm Ventures, True Ventures | |
Price per Share
$xx.xx
Shares Outstanding
40,091,454
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
Devoteam, Industry Ventures, Next World Capital, Storm Ventures, True Ventures
|
||||||
04/09/2015 | Series A | $4.65MM | $xx.xx | $4.3B | Bloomberg Beta, Crunchfund | |
Price per Share
$xx.xx
Shares Outstanding
20,103,002
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
Bloomberg Beta, Crunchfund
|
||||||
05/01/2013 | Series Seed | $534,999.00 | $xx.xx | $3.5B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,821,725
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
Undisclosed Investors
|
||||||
05/01/2013 | Series Seed-1 | $1.87MM | $xx.xx | $2.2B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
15,682,142
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
Undisclosed Investors
|