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New Deal


Announced

Completed

Founders Fund led a $150m Series C funding round in Persona.

Financials

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Transaction Value£108m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

Private

Completed

United States

Venture Capital

Cross Border

Software

Friendly

Productivity Software

Minority

cybersecurity

Synopsis

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Founders Fund, a venture capital firm, led a $150m Series C funding round in Persona, a developer of identity verification systems. Additional investors include Meritech Capital, BOND, and existing investors Index Ventures and Coatue Management. The new financing will help drive the next phase in Persona's growth, as the company expands its team, extends the offering within its identity infrastructure, and furthers its vision of a ubiquitous identity layer that makes the internet safer, more trusted, and more accessible. "Persona is fast becoming the market leader in the identity space. We're confident that Rick and Charles will fulfill their vision of delivering the trusted identity layer for the entire internet. Founders Fund is thrilled to support Persona in scaling to meet global demand," Napoleon Ta, Founders Fund Partner.

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