HeadSpin was founded in 2015 by Brien Colwell and Manish Lachwani. 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.
HeadSpin is an automated testing platform for software and applications. The platform also includes monitoring and analytics features across devices. In 2019, the company acquired NimbleDroid, an app development toolkit provider. HeadSpin has raised $117 million in venture capital funding from investors including Dell Technologies Capital, ICONIQ Capital, Tiger Global, Kearny Jackson, Palo Alto Networks, and Alpha Square Group. The company is valued at $1.16 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/25/2020 | Series C-2 | $30MM | $xx.xx | $909.63MM | Alpha Square Group, Dell Technologies Capital, Iconiq Capital, Kearny Jackson, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
58,821
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
Alpha Square Group, Dell Technologies Capital, Iconiq Capital, Kearny Jackson, Tiger Global Management
|
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01/25/2020 | Series C-1 | $30MM | $xx.xx | $909.63MM | Alpha Square Group, Dell Technologies Capital, Iconiq Capital, Kearny Jackson, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
198,400
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
4.7x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alpha Square Group, Dell Technologies Capital, Iconiq Capital, Kearny Jackson, Tiger Global Management
|
||||||
10/30/2018 | Series B-1 | $8.05MM | $xx.xx | $714.28MM | Adam D'Angelo, Battery Ventures, Danhua Capital, Eqt Ventures, Gv, Iconiq, Kearny Jackson, Nextworld Capital, Nexus Ventures Partners, Ross Mason, Ryan Hoover, Telstra Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,354,590
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
3.7x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Adam D'Angelo, Battery Ventures, Danhua Capital, Eqt Ventures, Gv, Iconiq, Kearny Jackson, Nextworld Capital, Nexus Ventures Partners, Ross Mason, Ryan Hoover, Telstra Ventures
|
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07/01/2015 | Series A | $11.86MM | $xx.xx | $33.9MM | Blue Collective, Felicis Ventures, Foundation Capital, Gv | |
Price per Share
$xx.xx
Shares Outstanding
6,650,498
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
Blue Collective, Felicis Ventures, Foundation Capital, Gv
|