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New Deal


Announced

Completed

Thoma Bravo led a $110m Series C financing round in Figment.

Financials

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Transaction Value£83m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Single Bidder

Canada

IT Services: Other

Cross Border

Completed

Friendly

blockchain

Majority

Venture Capital

Acquisition

Private

Synopsis

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Thoma Bravo, a private equity firm, led a $110m Series C financing round in Figment, a provider of Proof of Stake blockchains solutions, with participation from Counterpoint, Binance Labs, Mirae Asset, ParaFi Capital, Avon Ventures, Fidelity Investments, Bitstamp, CMS Holdings, Two Sigma, B Capital Group, Franklin Templeton, DTCP, and StarkWare. "The caliber of investors in our series C round cements Figment’s position as one of the most trusted and well-established platforms in the Web 3 ecosystem. We're seeing tons of experienced engineers jump from traditional software into this space. Many of these people have joined our team and we have created an amazing Web 3 native organizational culture around them,” Lorien Gabel, Figment Co-Founder and CEO.

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