Sojern was founded in 2007 by Mark Rabe and William Fisher. While the company has not endorsed plans to participate in an IPO, Sojern expanded its leadership team in 2023, specifically citing Vice President of People Preeya Patel's experience in helping scale Confluent through its IPO.
Sojern is a marketing platform for the travel industry. The company was named on Deloitte's Fast 500 List every year from 2013-2017. Sojern acquired Adphorus in 2017. The company has raised more than $120 million in venture capital funding from investors including Technology Crossover Ventures, Norwest Venture Partners, Trident, and Treeptop. Sojern was valued at $300 million in 2018.
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 | |
---|---|---|---|---|---|---|
11/13/2018 | Series A | $120MM | $xx.xx | $28.06B | Technology Crossover Ventures, Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
16,163,594
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
Technology Crossover Ventures, Undisclosed Investors
|
||||||
12/17/2013 | Series A-3 | $10MM | $xx.xx | $15.75B | Focus Ventures (Usa), Industry Ventures, Norwest Venture Partners, Treetop Ventures, Triangle Peak Partners, Trident Capital, Vsl Partners | |
Price per Share
$xx.xx
Shares Outstanding
2,073,828
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.6x
Dividend Rate
9.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Focus Ventures (Usa), Industry Ventures, Norwest Venture Partners, Treetop Ventures, Triangle Peak Partners, Trident Capital, Vsl Partners
|
||||||
03/27/2012 | Series A-2 | $32.1MM | $xx.xx | $12.08B | Focus Ventures, Industry Ventures, Norwest Venture Partners, Trident Capital | |
Price per Share
$xx.xx
Shares Outstanding
7,705,092
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.5x
Dividend Rate
11.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Focus Ventures, Industry Ventures, Norwest Venture Partners, Trident Capital
|
||||||
07/15/2008 | Series A-1 | $3.2MM | $xx.xx | $12.55B | Norwest Venture Partners, Trident Capital | |
Price per Share
$xx.xx
Shares Outstanding
768,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.4x
Dividend Rate
11.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Norwest Venture Partners, Trident Capital
|