21/09/2021
🙊 They did it again: a year after their Series D, Mirakl raises $555m led by Silver Lake with participation from long-term investors 83NORTH, Felix Capital & Permira at a $3.5B valuation to power accelerated growth of world’s leading enterprises through online marketplaces! 💥
This breathtaking round will allow them to:
🔬 Hire 350 engineers by 2023
📈 Double their customer success organization
✨ Expand the size of Mirakl Connect
🌎 Expand their geographic reach
👏 We’ve been blown away by Philippe Corrot, Adrien Nussenbaum, Nagi Letaifa, Brian Callahan, Brendan Walsh, Joe Sawyer, Isabelle Bénard, Andy Barker, Sophie Marchessou, Marc Teulières & their amazing team!
🤩For us, it’s a fantastic proof point of our invest-early-in-tech-champions strategy, with a price per share now close to 300 times higher than the one we initially paid in 2012.
🦄 By reading these outstanding numbers, you are probably wondering: How will the founders and managers keep on growing Mirakl’s valuation from now on? What is next? Xavier Lazarus wrote about what we believe is next for Mirakl and why we are still backing a 10 year old business at $3.5B
https://medium.com/elaia/why-are-we-still-backing-mirakl-at-a-3-5b-77ba9106c423