Startup Trends: 4 strategic acquisitions of Q1 2024
Not all private companies looking for an exit strategy decide to launch an IPO.
jackpocket.comConsumer & Lifestyle / EntertainmentFounded: 2013Funding to Date: $220.06MM
Jackpocket is a mobile lottery app where users can play official state lottery games including Mega Millions, Lucky for Life and Powerball. Jackpocket is a licensed third party. Jackpocket was founded in 2013 by Peter Sullivan, Leo Shemesh, Matt Silber, and Eric Parker and is headquartered in New York, NY.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/22/2022 | Series D-3 | $20MM | $xx.xx | $780.37MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,134,913
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
11/09/2021 | Series D-2 | $20MM | $xx.xx | $615.4MM | Anchor Capital, Bluerun Ventures, Conductive Ventures, Digital Currency Group, Gaingels, Greenspring Associates, Kevin Hart, Left Lane Capital, Manny Machado, Mark Cuban, Proof, Raine Group, Santa Barbara Ventures Partners, Whitney Cummings | |
Price per Share
$xx.xx
Shares Outstanding
6,080,739
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Anchor Capital, Bluerun Ventures, Conductive Ventures, Digital Currency Group, Gaingels, Greenspring Associates, Kevin Hart, Left Lane Capital, Manny Machado, Mark Cuban, Proof, Raine Group, Santa Barbara Ventures Partners, Whitney Cummings
|
||||||
11/09/2021 | Series D-1 | $100MM | $xx.xx | $615.4MM | Anchor Capital, Bluerun Ventures, Conductive Ventures, Digital Currency Group, Gaingels, Greenspring Associates, Kevin Hart, Left Lane Capital, Manny Machado, Mark Cuban, Proof, Raine Group, Santa Barbara Ventures Partners, Whitney Cummings | |
Price per Share
$xx.xx
Shares Outstanding
25,843,198
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Anchor Capital, Bluerun Ventures, Conductive Ventures, Digital Currency Group, Gaingels, Greenspring Associates, Kevin Hart, Left Lane Capital, Manny Machado, Mark Cuban, Proof, Raine Group, Santa Barbara Ventures Partners, Whitney Cummings
|
||||||
02/09/2021 | Series C-2 | $3.5MM | $xx.xx | $173.29MM | Brv Capital, Circle K Ventures, David Blitzer, Gaingels, Greenspring Associates, Jon Ledecky, Raine Group, Sean Hayes, Tegna Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,046,173
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Brv Capital, Circle K Ventures, David Blitzer, Gaingels, Greenspring Associates, Jon Ledecky, Raine Group, Sean Hayes, Tegna Ventures
|
||||||
02/09/2021 | Series C-3 | $6MM | $xx.xx | $173.29MM | Brv Capital, Circle K Ventures, David Blitzer, Gaingels, Greenspring Associates, Jon Ledecky, Raine Group, Sean Hayes, Tegna Ventures | |
Price per Share
$xx.xx
Shares Outstanding
4,951,057
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Brv Capital, Circle K Ventures, David Blitzer, Gaingels, Greenspring Associates, Jon Ledecky, Raine Group, Sean Hayes, Tegna Ventures
|
||||||
02/09/2021 | Series C-1 | $40MM | $xx.xx | $173.29MM | Brv Capital, Circle K Ventures, David Blitzer, Gaingels, Greenspring Associates, Jon Ledecky, Raine Group, Sean Hayes, Tegna Ventures | |
Price per Share
$xx.xx
Shares Outstanding
27,850,682
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Brv Capital, Circle K Ventures, David Blitzer, Gaingels, Greenspring Associates, Jon Ledecky, Raine Group, Sean Hayes, Tegna Ventures
|
||||||
05/23/2019 | Series B-1 | $5MM | $xx.xx | $65.46MM | Bluerun Ventures, Bullpen Capital, Conductive Ventures, Dcm Ventures, Digital Currency Group, Gavin Isaacs, Proof | |
Price per Share
$xx.xx
Shares Outstanding
5,962,810
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bluerun Ventures, Bullpen Capital, Conductive Ventures, Dcm Ventures, Digital Currency Group, Gavin Isaacs, Proof
|
||||||
10/30/2018 | Series B | $16.81MM | $xx.xx | $52.33MM | Bluerun Ventures, Bullpen Capital, Conductive Ventures, David Stern, Dcm Ventures, Digital Currency Group, Subversive Capital | |
Price per Share
$xx.xx
Shares Outstanding
24,050,634
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bluerun Ventures, Bullpen Capital, Conductive Ventures, David Stern, Dcm Ventures, Digital Currency Group, Subversive Capital
|
||||||
08/16/2016 | Series A | $6.36MM | $xx.xx | $20.81MM | Evolution Vc | |
Price per Share
$xx.xx
Shares Outstanding
13,690,611
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Evolution Vc
|
||||||
04/28/2015 | Series Seed | $2.39MM | $xx.xx | $5.32MM | Rosepaul Ventures | |
Price per Share
$xx.xx
Shares Outstanding
10,940,623
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Rosepaul Ventures
|
Not all private companies looking for an exit strategy decide to launch an IPO.
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