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New Deal


Announced

Completed

Tiger Global led a $170m Series B funding round in Veho.

Financials

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Transaction Value£125m
Consideration TypeCash
Capital Owned-
Capital Bid For11%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

IT Services: Other

technology company

Completed

Acquisition

Minority

Domestic

Venture Capital

Private Equity

Friendly

Synopsis

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Tiger Global led a $170m Series B funding round in Veho, a technology company that is revolutionizing package delivery, with participation from SoftBank Vision Fund 2, General Catalyst, Bling Capital, Construct Capital, Industry Ventures, Origin Ventures and Mantis VC. "In an incredibly complex industry that has historically lagged in innovation and customer focus, we're bringing greater efficiency, transparency, and control. Our brand partners are looking for an accelerated path into new markets, and more ways to bring the customer to the forefront to increase brand loyalty and lifetime value," Itamar Zur, Veho Co-Founder and CEO.

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