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New Deal


Announced

Completed

Y Combinator, CRV and Tiger Global led a $100m Series C round in Zip.

Financials

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Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Acquisition

Domestic

Completed

Minority

Private

fintech

Online and Social Platforms

platform

United States

Private Equity

Venture Capital

Single Bidder

Synopsis

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Y Combinator, a technology startup accelerator, CRV, a venture capital firm, and Tiger Global, an investment firm, led a $100m Series C round in Zip, an intake-to-pay platform. “We continue to invest in Zip because we believe in this outstanding team’s ability to achieve their mission to solve a ubiquitous business problem: spend control. Zip is one of YC’s most successful B2B companies from the last few years. We are thrilled to have been one of Zip’s earliest partners as they revolutionize one of the most critical functions in the enterprise," Garry Tan, Y Combinator President and CEO.

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