Sourcegraph was founded in 2013 by Beyang Liu and Quinn Slack. Following a 2021 funding round, Slack told reporters that "we want to be a public company eventually."
Sourcegraph offers code searching tools that allow developers to better manage and understand large bodies of code. The company has raised more than $220 million in venture capital funding from investors including Andreessen Horowitz, Insight Partners, and Geodesic Capital. The company was valued at $2.625 billion after a 2021 round of Series D funding raised $125 million.
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 | |
---|---|---|---|---|---|---|
07/13/2021 | Series D | $125MM | $xx.xx | $2.67B | Andreessen Horowitz, Geodesic Capital, Insight Partners | |
Price per Share
$xx.xx
Shares Outstanding
18,782,020
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
Andreessen Horowitz, Geodesic Capital, Insight Partners
|
||||||
12/03/2020 | Series C | $50MM | $xx.xx | $759.21MM | Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
23,477,520
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
Sequoia Capital
|
||||||
07/14/2020 | Series B-1 | $5MM | $xx.xx | $153.48MM | Felicis Ventures | |
Price per Share
$xx.xx
Shares Outstanding
11,278,690
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
Felicis Ventures
|
||||||
03/03/2020 | Series B | $22.91MM | $xx.xx | $114.91MM | Craft Ventures, Goldcrest Capital, Redpoint Ventures | |
Price per Share
$xx.xx
Shares Outstanding
71,427,400
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
Craft Ventures, Goldcrest Capital, Redpoint Ventures
|
||||||
10/06/2017 | Series A | $9.16MM | $xx.xx | $68.3MM | Goldcrest Capital, Redpoint Ventures | |
Price per Share
$xx.xx
Shares Outstanding
52,058,620
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
Goldcrest Capital, Redpoint Ventures
|
||||||
10/06/2017 | Series A-1 | $15.88MM | $xx.xx | $68.3MM | Goldcrest Capital, Redpoint Ventures | |
Price per Share
$xx.xx
Shares Outstanding
55,650,730
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
Goldcrest Capital, Redpoint Ventures
|