Riskified, the payments and fraud-prevention solutions provider, announced today its Series E funding round of $165 million, led by global growth investor General Atlantic, at a valuation of more than $1 billion. The proceeds will be primarily used by Riskified to more rapidly scale its business domestically and internationally and to expand its product footprint.
General Atlantic, a leading global growth equity firm, announced today that Kell Reilly has joined the firm as a Managing Director. Mr. Reilly will focus on investments in the Technology sector, based in Palo Alto. He joins the firm from D1 Capital Partners, a global long/short investment fund, where he served as Co-Head of the Technology, Media & Telecommunications sector.
Mobile shopping leader Wish today announced that the company’s valuation was $11.2 billion post-money following a Series H round of financing led by General Atlantic, a leading global growth equity firm. With this new investment, Wish’s valuation increased from $8.7 billion following its last funding round in late 2017.
NoBroker.com announced today that it has raised USD $51 million in Series C Funding. This brings the total funding raised by NoBroker to USD $71 million. The round was led by General Atlantic and included participation from existing investors SAIF Partners and BEENEXT.
Global growth equity firm General Atlantic announced today a strategic investment in Kiwi.com, a leading online travel booking platform powered by cutting-edge technology. Co-founders Oliver Dlouhý and Jozef Képesi will remain significant shareholders and continue to drive Kiwi.com’s strategic growth plans in partnership with General Atlantic. Terms of the deal were not disclosed.
Doctolib offers doctors and hospitals a software solution with a full range of services to help improve the efficiency of their operations, provide their patients with a more seamless experience, find new patients, and collaborate with other doctors. Doctolib offers more transparent access to healthcare for patients, by providing a full-suite of online services to manage their health. Doctolib allows patients to find nearby healthcare professionals, book / manage appointments online 24/7, have remote medical consultations via video and receive a digital prescription in their online account.
The company powercloud GmbH, a fast-growing cloud software provider for the energy sector, and General Atlantic, a leading global growth equity firm, have announced today a strategic partnership. General Atlantic will acquire a minority stake in powercloud. Additional terms of the transaction were not disclosed.
Advent International to acquire majority stake in leading third-party hotel operator Aimbridge Hospitality
Advent International, one of the largest and most experienced global private equity investors, today announced that it has signed a definitive agreement to acquire a majority ownership interest in North America’s leading third-party hotel operator Aimbridge Hospitality from Lee Equity Partners, a U.S.-based private equity firm, and General Atlantic, a leader in global growth investing. Aimbridge’s experienced senior management team will continue to lead the company and will retain a meaningful equity stake in the business.
QuintoAndar, the Brazilian start-up that created an innovative digital apartment rental platform, has secured R$ 250 million in a Series C funding round led by General Atlantic, a leading global growth equity firm. Existing investors also participated in the round, including Kaszek Ventures, Ruane, Cunniff & Goldfarb, Qualcomm Ventures and QED. The investment is intended to enable QuintoAndar to accelerate its expansion plans and consolidate its market leadership in residential rentals in Brazil.
Property Finder ( or “the Company”), a leading real estate classifieds portal in the Middle East, North Africa and Turkey, announced today $120 million in investment from its latest investment round led by General Atlantic, a leading global growth equity firm. The round also included participation from existing shareholder, Vostok New Ventures Ltd.
NetEase, Inc. (NASDAQ: NTES) (“NetEase”), one of China’s leading internet and online game services providers, today announced that its music streaming platform NetEase Cloud Music has completed its previously announced round of financing with investors, including strategic partner Baidu, General Atlantic, Boyu Capital and several other investors. The total amount invested was over $600 million, and NetEase remains the controlling shareholder of the NetEase Cloud Music business.