PE Fund Investments
Social commerce firm Dealshare tops up Series E round with $45-M from ADIA
Newly-turned unicorn DealShare has raised $45 million as part of its Series E funding round from the Abu Dhabi Investment Authority (ADIA) at a valuation of $1.7 Billion. The social e-commerce company will use the funds for expansion, hiring and product innovation. Earlier in 2022, DealShare raised $165 million in the first close of its Series E fundraise from Dragoneer Investments Group, Kora Capital, Unilever Ventures, and existing investors, Tiger Global and Alpha Wave Global (Falcon Edge).
From the Venture Intelligence PE-VC Deal Database:Between Jan-19 and May-21, DealShare had raised over $175-M from Z3Partners, Alteria Capital, Alpha Wave Global, DST Global, WestBridge, Matrix Partners India, Tiger Global, InnoVen Capital, Omidyar Network, Whiteboard Capital, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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