Pipe, which aims to be the ‘Nasdaq for revenue,’ raises more money at a $2B valuation

Pipe, which aims to be the ‘Nasdaq for revenue,’ raises more money at a $2B valuation

3 years ago
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https://techcrunch.com/2021/03/31/pipe-which-aims-to-be-the-nasdaq-for-revenue-raises-more-money-at-a-2b-valuation/

Fast-growing fintech Pipe has raised another round of funding at a $2 billion valuation, just weeks after raising $50M in growth funding, according to sources familiar with the deal.

Although the round is still ongoing, Pipe has reportedly raised $150 million in a “massively oversubscribed” round led by Baltimore, Md.-based Greenspring Associates. While the company has signed a term sheet, more money could still come in, according to the source. Both new and existing investors have participated in the fundraise.

Pipe, which aims to be the ‘Nasdaq for revenue,’ raises more money at a $2B valuation

Mar 31, 2021, 5:47pm UTC
https://techcrunch.com/2021/03/31/pipe-which-aims-to-be-the-nasdaq-for-revenue-raises-more-money-at-a-2b-valuation/ > Fast-growing fintech Pipe has raised another round of funding at a $2 billion valuation, just weeks after raising $50M in growth funding, according to sources familiar with the deal. > Although the round is still ongoing, Pipe has reportedly raised $150 million in a “massively oversubscribed” round led by Baltimore, Md.-based Greenspring Associates. While the company has signed a term sheet, more money could still come in, according to the source. Both new and existing investors have participated in the fundraise.