Startup Trends: The 5 top funded startups of Q3 2024
Five firms from various industries — Groq, Arsenal Bio, Magic, Crible, and Devoted Health — ranked among the highest in fundraising in the third quarter of 2024.
cribl.ioEnterprise Software / Cloud/Networking InfrastructureFounded: 2017Funding to Date: $726.82MM
Cribl is an enterprise software company that makes open observability a reality for today’s tech professionals. With Cribl, companies have the power to control their data, get more out of existing investments, and shape the observability future. This company was founded by Clint Sharp, Dritan Bitincka, and Ledion Bitincka in 2017 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/27/2024 | Series E-1 | $120.54MM | $xx.xx | $3.5B | GV, GIC, CapitalG, IVP, CRV | |
Price per Share
$xx.xx
Shares Outstanding
31,217,582
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GV, GIC, CapitalG, IVP, CRV
|
||||||
08/27/2024 | Series E | $200MM | $xx.xx | $3.5B | GV, GIC, CapitalG, IVP, CRV | |
Price per Share
$xx.xx
Shares Outstanding
51,794,281
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GV, GIC, CapitalG, IVP, CRV
|
||||||
05/24/2022 | Series D | $150MM | $xx.xx | $2.46B | Tiger Global Management, IVP, CRV, Redpoint Ventures, Sequoia, Greylock | |
Price per Share
$xx.xx
Shares Outstanding
44,769,566
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global Management, IVP, CRV, Redpoint Ventures, Sequoia, Greylock
|
||||||
08/25/2021 | Series C | $209.8MM | $xx.xx | $1.58B | Greylock, Redpoint Ventures, IVP, Sequoia Capital, CRV, Citi Ventures, CrowdStrike | |
Price per Share
$xx.xx
Shares Outstanding
86,669,103
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Greylock, Redpoint Ventures, IVP, Sequoia Capital, CRV, Citi Ventures, CrowdStrike
|
||||||
10/21/2020 | Series B | $35MM | $xx.xx | $962.71MM | Sequoia Capital, CRV | |
Price per Share
$xx.xx
Shares Outstanding
15,342,331
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, CRV
|
||||||
03/20/2020 | Series A | $7.41MM | $xx.xx | $273.22MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
11,963,260
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
01/01/2019 | Series Seed-2 | $565,397 | $xx.xx | $13.96MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
19,503,800
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
01/01/2019 | Series Seed-1 | $3.5MM | $xx.xx | $13.96MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
100,892,350
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
Five firms from various industries — Groq, Arsenal Bio, Magic, Crible, and Devoted Health — ranked among the highest in fundraising in the third quarter of 2024.