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New Deal


Announced

Completed

Dragoneer Investment Group, Greenoaks Capital and Tiger Global led a $325m Series E round in Scale AI.

Financials

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Transaction Value£236m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Digital Services

data labeling

Venture Capital

Private Equity

Completed

Domestic

Minority

Single Bidder

United States

Acquisition

Friendly

Synopsis

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Dragoneer Investment Group, Greenoaks Capital and Tiger Global led a $325m Series E round in Scale AI, a startup that labels datasets for AI training, with participation from Wellington Management, Durable Capital, Coatue Management, Founders Fund, Index Ventures and Y Combinator. "The AI industry is at an inflection point where every business is looking to implement an AI strategy and we are starting to see a real-world impact. We believe Alex and his team at Scale have been critical to enabling businesses across industries reap the full benefits of AI and are taking the industry from proof of concept to reality," Neil Mehta, Greenoaks Capital Founder and Managing Partner.

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