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New Deal


Announced

Completed

QIA led a $250m Series D round in Builder.ai.

Financials

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Transaction Value£200m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Venture Capital

Acquisition

Software

software platform

software

United Kingdom

Private Equity

Completed

Friendly

Minority

Private

Cross Border

Synopsis

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QIA, a Qatar's sovereign wealth fund, led a $250m Series D round in Builder.ai, a software company, with participation from Iconiq Capital, Jungle Ventures and Insight Partners. “Builder.ai was founded on the promise that everyone should be empowered to unlock their human potential. Today this means being able to build software to be able to do more with less. We are entering an incredible time in history where the very notion of software is changing; from something that had a shelf life of years to what will eventually have a shelf life of a conversation and the volume of what is being created is only going to grow exponentially” Sachin Dev Duggal, Builder.ai Chief Wizard and Founder.

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