Vise was founded in 2016 by Samir Vasavada and Runik Mehrotra. The company has not publicly endorsed plans to participate in an IPO.
Vise is an AI-powered data platform for independent financial advisors. The company has raised more than $125 million in venture capital funding from investors including Ribbit Capital, Sequoia Capital, Founders Fund, Bling Capital, Bond, and Allen & Company. Vise achieved a valuation of $1 billion after a $65 million round of Series C funding 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 | |
---|---|---|---|---|---|---|
05/18/2021 | Series C-4 | $15MM | $xx.xx | $1.05B | Ribbit Capital, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,770,355
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
N/A
Key Investors
Ribbit Capital, Sequoia Capital
|
||||||
05/18/2021 | Series C-3 | $999,971 | $xx.xx | $1.05B | Ribbit Capital, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
201,080
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
N/A
Key Investors
Ribbit Capital, Sequoia Capital
|
||||||
05/18/2021 | Series C-2 | $5.75MM | $xx.xx | $1.05B | Ribbit Capital, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
973,670
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
N/A
Key Investors
Ribbit Capital, Sequoia Capital
|
||||||
05/18/2021 | Series C-1 | $110.62MM | $xx.xx | $1.05B | Ribbit Capital, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
17,794,720
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
N/A
Key Investors
Ribbit Capital, Sequoia Capital
|
||||||
12/15/2020 | Series B-2 | $400,000 | $xx.xx | $205.54MM | Sequoia Capital, Allen & Company, Founders Fund, Greenoaks Capital, Palo Alto Networks | |
Price per Share
$xx.xx
Shares Outstanding
836,960
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
N/A
Key Investors
Sequoia Capital, Allen & Company, Founders Fund, Greenoaks Capital, Palo Alto Networks
|
||||||
12/15/2020 | Series B-1 | $19MM | $xx.xx | $205.54MM | Sequoia Capital, Allen & Company, Founders Fund, Greenoaks Capital, Palo Alto Networks | |
Price per Share
$xx.xx
Shares Outstanding
16,628,155
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
N/A
Key Investors
Sequoia Capital, Allen & Company, Founders Fund, Greenoaks Capital, Palo Alto Networks
|
||||||
05/12/2020 | Series A-9 | $1MM | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
4,849,985
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-8 | $249,998 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
1,050,675
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-7 | $9,999 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
35,145
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-6 | $59,999 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
201,725
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-5 | $50,000 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
157,600
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-4 | $5,000 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
13,180
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-3 | $100,000 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
234,330
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-2 | $19,998 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
44,825
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-14 | $599,984 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
7,803,145
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-13 | $600,000 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
7,759,955
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-12 | $9,999 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
126,080
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-11 | $354,992 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
3,580,715
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-10 | $194,745 | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
1,636,925
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|
||||||
05/12/2020 | Series A-1 | $12.8MM | $xx.xx | $129.18MM | Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu | |
Price per Share
$xx.xx
Shares Outstanding
26,994,840
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
N/A
Key Investors
Sequoia Capital, Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve Chen, Jon Xu
|