e-commerce platform Rokt hits $5.6 billion valuation after secondary share sale
Investors bought existing Rokt shares in a tender at a higher valuation; the piece also reports the mParticle acquisition, a board addition, and past raises.
Investor · 1 deal
Every published round Whale Rock Capital Management 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 |
|---|---|---|---|---|---|---|
| Rokt | Series D+ | 2022 | $458m | Participant | Startup Daily (Sun 19 Jan 2025), Startup Daily (Tue 6 Dec 2022), Forbes Australia, SmartCompany (Tue 1 Feb 2022), SmartCompany (Mon 24 Jan 2022), Startup Daily (Mon 24 Jan 2022), Techboard, Square Peg Capital, Startup Daily (Fri 17 Dec 2021), SmartCompany (Fri 17 Dec 2021) |
Companies Whale Rock Capital Management has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Rokt | 2022, Series D+ | 1 | 0 |
Fund closes reported for Whale Rock Capital Management, as distinct from the investments it has made.
Companies Whale Rock Capital Management has backed that another company then bought. An exit for the holding, not a deal Whale Rock Capital Management did.
Stories naming Whale Rock Capital Management. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Investors bought existing Rokt shares in a tender at a higher valuation; the piece also reports the mParticle acquisition, a board addition, and past raises.
Square Peg and Wellington Management bought more shares of Rokt from employees and investors in a secondary sale, lifting its valuation, while its earlier funding rounds are recapped ahead of a planned IPO.
Also Forbes Australia
Rokt raised a record A$458 million Series E led by Tiger Global, valuing it at $2.75 billion, while employees and investors sold down shares; the founder aims for a US listing in 2023.
Rokt's Series E tops a week of Australian raises including Dovetail, Inventia, DiviPay, Atomi, 6clicks, Replica Studios and ProForm Foods, with SimPro's recent raise noted.
Daily roundup reporting Databricks' billion-dollar Series G, Robinhood's emergency raise during the trading saga, DesignCrowd's $10 million pre-IPO funding, Xinja's wind-up vote, and record Australian venture capital in 2020.
Also Startup Daily