By integrating coaching, mentoring and group learning, Torch fuels professional development and organizational success. Solutions include diversity, equity, and inclusion, employee onboarding, and manager growth. Torch aims to democratize access to coaching, mentoring, and peer learning. This company was founded by Cameron Yarbrough and Keegan Walden in 2017 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/23/2022 | Series C | $40MM | $xx.xx | $32.42B | 137 Ventures, Initialized Capital, Norwest Venture Partners, Obvious Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,748,439
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
137 Ventures, Initialized Capital, Norwest Venture Partners, Obvious Ventures
|
||||||
02/25/2021 | Series B-2 | $5.24MM | $xx.xx | $12.22B | Obvious Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,602,209
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
Obvious Ventures
|
||||||
02/25/2021 | Series B-1 | $20.9MM | $xx.xx | $12.22B | Obvious Ventures | |
Price per Share
$xx.xx
Shares Outstanding
4,264,170
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
Obvious Ventures
|
||||||
04/03/2019 | Series A-4 | $189,999.00 | $xx.xx | $4.5B | Initialized Capital, Norwest Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
366,440
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
Initialized Capital, Norwest Venture Partners
|
||||||
04/03/2019 | Series A-3 | $624,999.00 | $xx.xx | $4.5B | Initialized Capital, Norwest Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
904,092
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
Initialized Capital, Norwest Venture Partners
|
||||||
04/03/2019 | Series A-2 | $1.47MM | $xx.xx | $4.5B | Initialized Capital, Norwest Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
1,066,821
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
Initialized Capital, Norwest Venture Partners
|
||||||
04/03/2019 | Series A-1 | $11.63MM | $xx.xx | $4.5B | Initialized Capital, Norwest Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
4,262,107
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
Initialized Capital, Norwest Venture Partners
|