Nylas (formerly known as Inbox) was founded in 2013 by Michael Grinich, Gleb Polyakov, and Christine Spang. The company has not publicly endorsed plans to participate in an IPO.
Nylas is a communications API developer that helps businesses integrate productivity tools into their technology stacks. In 2020, the company acquired June.ai, an AI-powered email tool. Nylas has raised more than $170 million in venture capital funding from investors including Tiger Global, Citi Ventures, Slack Fund, 8VC, and Owl Rock Capital. The company did not disclose valuation figures after a $120 million fundraising round in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/17/2021 | Series C | $115.5MM | $xx.xx | $456.12MM | 8vc, Citi Ventures, John Collison, Owl Rock Capital, Patrick Collison, Round13 Capital, Sebastian Siemiatkowski, Slack Fund, Tiger Global Management, Tony Fadell | |
Price per Share
$xx.xx
Shares Outstanding
16,080,978
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
8vc, Citi Ventures, John Collison, Owl Rock Capital, Patrick Collison, Round13 Capital, Sebastian Siemiatkowski, Slack Fund, Tiger Global Management, Tony Fadell
|
||||||
06/23/2020 | Series B-1 | $25.32MM | $xx.xx | $62.2MM | 8vc, Citi Ventures, Round13 Capital, Scaleup, Slack Ventures, Spark Capital | |
Price per Share
$xx.xx
Shares Outstanding
12,821,475
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
8vc, Citi Ventures, Round13 Capital, Scaleup, Slack Ventures, Spark Capital
|
||||||
08/22/2018 | Series B | $16.08MM | $xx.xx | $32.66MM | 8vc, Great Oaks Capital, Industry Ventures, John Chambers, Rubicon Venture Capital, Scaleup, Slack Fund, Spark Capital | |
Price per Share
$xx.xx
Shares Outstanding
9,157,457
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
8vc, Great Oaks Capital, Industry Ventures, John Chambers, Rubicon Venture Capital, Scaleup, Slack Fund, Spark Capital
|
||||||
12/20/2017 | Series A-2 | $4.77MM | $xx.xx | $14.67MM | Data Collective, Formation 8, Fuel Capital, Great Oaks Capital, Sv Angel | |
Price per Share
$xx.xx
Shares Outstanding
2,601,894
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
Data Collective, Formation 8, Fuel Capital, Great Oaks Capital, Sv Angel
|
||||||
01/27/2015 | Series A-1 | $7.54MM | $xx.xx | $18.86MM | Crunchfund, Great Oaks Capital, Rubicon Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,192,967
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
Crunchfund, Great Oaks Capital, Rubicon Venture Capital
|