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Completed

Andreessen Horowitz led a $19m funding round in Sequence.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Digital Services

Domestic

product design

Acquisition

Private Equity

Completed

Private

Venture Capital

United States

apps

Friendly

Single Bidder

Synopsis

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Andreessen Horowitz, a private equity firm, led a $19m funding round in Sequence, a digital services company, with participation from Salesforce Ventures, Firstminute Capital, Crew Capital, Passion Capital, Dig Ventures, Fin Capital and 9Yards. “We’ve seen an acute pain point and therefore compelling opportunity around automating and managing payments and finance workflows. The Sequence team really impressed us with both a strong team and initial customer set excited by the vision,” Seema Amble, Andreessen Horowitz Partner.

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