Incorta was founded in 2013 by Hichem Sellami, Klaus Fabian, Matthew Halliday, and Osama Elkady. The company has not officially 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.
Incorta is an all-in-one data management and analytics company that allows businesses to leverage data from across multiple databases. Incorta's customers include Starbucks, Broadcom, Redstone Credit Union, Genworth Financial, and Stanford University. In June 2021, the company announced a $120 million round of Series D funding that brought total its VC funding to $195 million. The round, led by Prysm Capital, also included Grid Ventures, M12, GV, Kleiner Perkins, Sorenson Capital, Telstra Ventures, and others. The company reports that "60% of new revenue growth in the last 12 months comes from organic expansion with existing customers, 14% of which are Fortune 500 companies." CEO Scott Jones has not disclosed specific valuation figures for the company.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/23/2021 | Series D | $87.25MM | $xx.xx | $512.31MM | Gv, Kleiner Perkins, M12, Prysm Capital, Ron Wohl, Sorenson Capital, Telstra Ventures, Wipro Ventures | |
Price per Share
$xx.xx
Shares Outstanding
13,538,881
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, Kleiner Perkins, M12, Prysm Capital, Ron Wohl, Sorenson Capital, Telstra Ventures, Wipro Ventures
|
||||||
09/24/2019 | Series C-1 | $7MM | $xx.xx | $258.46MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,458,272
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
|
||||||
08/15/2019 | Series C | $30MM | $xx.xx | $225.68MM | Gv, Kleiner Perkins, M12, Ronald Wohl, Sorenson Capital, Telstra Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,874,740
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, Kleiner Perkins, M12, Ronald Wohl, Sorenson Capital, Telstra Ventures
|
||||||
10/18/2018 | Series B-1 | $15MM | $xx.xx | $81.98MM | M12, Telstra Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,465,078
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
M12, Telstra Ventures
|
||||||
09/22/2017 | Series B | $15MM | $xx.xx | $60MM | Kleiner Perkins Caufield & Byers | |
Price per Share
$xx.xx
Shares Outstanding
8,418,450
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
Kleiner Perkins Caufield & Byers
|
||||||
05/20/2016 | Series A | $9.75MM | $xx.xx | $38MM | Gv, Ronald Wohl, Sv Angel | |
Price per Share
$xx.xx
Shares Outstanding
8,057,180
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, Ronald Wohl, Sv Angel
|
||||||
09/14/2015 | Series Seed | $4.19MM | $xx.xx | $20.35MM | Undisclosed Investors, Wilson Sonsini Goodrich & Rosati | |
Price per Share
$xx.xx
Shares Outstanding
4,153,330
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, Wilson Sonsini Goodrich & Rosati
|