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New Deal


Announced

Completed

Softbank Vision Fund 2 led the $100m investment round in MindTickle.

Financials

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Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Completed

Private

Friendly

Private Equity

United States

technology

Software

Cross Border

Acquisition

Venture Capital

Majority

Synopsis

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Softbank Vision Fund 2 led the $100m investment round in MindTickle, the Sales Readiness technology company. Existing investors, Norwest Venture Partners, Canaan, NewView Capital, and Qualcomm Ventures also participated in the round. "As customers become increasingly demanding and remote work becomes more common, organizations realize the need to reskill and upskill their employees on an ongoing basis to deliver value in each customer interaction. As a result, we have witnessed strong demand and usage growth from enterprise sales teams over the last few quarters. Interestingly, we are also seeing a strong flow of interest from other enterprise teams, who are intrigued by the success of their sales-peers with MindTickle, and are choosing to adopt this new technology for their respective functions," Krishna Depura, MindTickle Co-founder and CEO.

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