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New Deal


Announced

Completed

TDM Growth and Sequoia Capital led a $100m Series F funding round in Culture Amp.

Financials

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Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For7%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Australia

Private

Completed

Venture Capital

Productivity Software

analytics platforms

Minority

Private Equity

Acquisition

Friendly

Cross Border

Synopsis

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TDM Growth, a private investment firm, and Sequoia Capital, a venture capital firm, led a $100m Series F funding round in Culture Amp, a developer of a people and culture analytics platform. Other investors include Salesforce Ventures, Felicis Ventures, Blackbird Ventures, Index Ventures, Sapphire Ventures, Skip Capital, Grok Ventures and Global Founders Capital. “With this strategic round of funding, we will empower more organizations and people leaders to unlock the power of humanity at work, as the industry’s single most trusted place for all of their employee experience needs. The successful companies of today, and tomorrow, are laser focused on delivering a better employee experience to drive business performance," Didier Elzinga, Culture Amp CEO and Co-Founder.

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