Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
SaaS startup Whatfix rolls out $58-M liquidity event for employees and investors
Bengaluru-based SaaS startup Whatfix has announced its fourth liquidity programme worth USD 58 million. The company offered an ESOP (employee stock ownership programme) buyback for employees and a secondary sale for investors at a premium over the previous Series D round valuation. Eligible current and former employees have been given the opportunity to sell a portion of their vested shares.
Between Apr 2015 and Sep 2024, Whatfix had raised over USD 264.87 M from Warburg Pincus, Helion Ventures, Powerhouse Ventures, Stellaris Venture Partners, Cisco, Eight Roads Ventures, Dragoneer Investment Group, Peak XV Partners and SoftBank Corp.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.