Investor · 1 deal
Every published round Silver Lake took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Klarna | Unnamed stage | 15 Sep 2020 | $650m | Lead | Startup Daily (Tue 2 Mar 2021), Startup Daily (Tue 15 Sep 2020) |
Companies Silver Lake has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Klarna | 15 Sep 2020 | 1 | 1 |
Fund closes reported for Silver Lake, as distinct from the investments it has made.
Companies Silver Lake has backed that another company then bought. An exit for the holding, not a deal Silver Lake did.
Stories naming Silver Lake. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Klarna went public on the New York Stock Exchange; most of the $1.4 billion offering came from holders selling stock, with Sequoia the biggest seller and only a small slice newly issued.
Ticketing and live entertainment company TEG has bought a majority stake in FAN+, a Sydney marketplace for athlete and club experiences, which will integrate with Ticketek. The startup earlier passed through two accelerators and counts Artesian among its backers.
Klarna, the Swedish buy-now-pay-later bank backed by Commonwealth Bank, has secured new funding of US$1 billion at a US$31 billion valuation; CBA confirmed its participation, and two earlier raises are recalled.
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Swedish BNPL company Klarna raised US$650 million led by Silver Lake, valuing it at US$10.65 billion. The piece recalls CBA's earlier US$300 million investment and its joint ownership of Klarna's Australian business.
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COVID-19 business roundup: supermarkets cap shopper numbers, Airbnb secures a billion-dollar investment from existing backers, contactless payment limits rise, a medicines app fast-tracks home delivery, and economists forecast recession.
AFR's Media & Marketing section roundup: Joe Aston's Rampart has raised $2.3m from five backers and TEG has locked in roughly $100m of fresh bank debt, alongside media policy, court and personality stories.
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