Total amount raised
$5.2 Billion
Latest funding date
1/1/2022
Location
6sense has successfully raised funds through nine different rounds, with the latest being a debt financing round led by Silicon Valley Bank. The company has attracted a total of 21 investors, including notable names like Silicon Valley Bank and Insight Partners.
6sense's account-based marketing platform leverages AI and data analytics to help B2B organizations achieve predictable revenue growth. Keep reading to explore the intricacies of 6sense's fundraising journey and the investors backing this innovative platform.
What Is 6sense?
6sense, headquartered in San Francisco, California, is a private company specializing in Account-Based Marketing (ABM) and Revenue Intelligence. The company leverages AI and data analytics to help B2B organizations achieve predictable revenue growth.
Founded in an unspecified year, 6sense operates in industries such as Artificial Intelligence, B2B, Big Data, Business Information Systems, and Machine Learning. The company has an employee count ranging from 1001 to 5000.
6sense's platform unifies data, channels, and teams, enabling smarter, faster, and more connected go-to-market motions. The company has raised funds through multiple rounds, with the latest being a debt financing round.
How Much Funding Has 6sense Raised?
- Debt Financing
- Amount Raised: USD 100,000,000
- Date: June 2023
- Lead Investors: Silicon Valley Bank
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support 6sense’s AI-forward organic and acquisitive growth strategy and maintain a mature capital structure.
- Series E
- Amount Raised: USD 200,000,000
- Date: January 2022
- Lead Investors: Blue Owl, MSD Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and expand market reach.
- Series D
- Amount Raised: USD 125,000,000
- Date: March 2021
- Lead Investors: D1 Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance AI capabilities.
- Series C
- Amount Raised: USD 40,000,000
- Date: January 2020
- Lead Investors: Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the sales and marketing teams and drive customer acquisition.
- Series Unknown
- Amount Raised: USD 27,000,000
- Date: April 2019
- Lead Investors: Industry Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To invest in technology infrastructure and product innovation.
- Series B
- Amount Raised: USD 2,000,000
- Date: July 2015
- Lead Investors: Salesforce Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance platform capabilities and expand market presence.
- Pre-Seed
- Amount Raised: Not publicly disclosed
- Date: April 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial product and validate the market.
- Series B
- Amount Raised: USD 20,000,000
- Date: February 2015
- Lead Investors: Bain Capital Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the business and accelerate growth.
- Series A
- Amount Raised: USD 12,000,000
- Date: May 2014
- Lead Investors: Battery Ventures, Venrock
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To build the core team and launch the platform.
Total Amount Raised: USD 526,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- Silicon Valley Bank
- Details: Silicon Valley Bank (SVB) is a division of First Citizens Bank, specializing in providing financial services to technology companies. SVB has a long-standing relationship with 6sense, supporting its growth and market presence.
- Investment Focus Areas: Technology, life sciences, healthcare, private equity, venture capital.
- Notable Investments: SVB works with leading later-stage private and public technology companies.
- Insight Partners
- Details: Insight Partners is a global private equity and venture capital firm. They focus on growth-stage software and internet businesses.
- Investment Focus Areas: Software, internet, technology.
- Notable Investments: Shopify, Twitter, Qualtrics.
- Blue Owl
- Details: Blue Owl is an alternative asset management firm. They provide capital solutions to middle-market companies.
- Investment Focus Areas: Private equity, real estate, credit.
- Notable Investments: Not publicly disclosed.
- MSD Partners
- Details: MSD Partners is an investment firm formed by the partners of MSD Capital. They manage capital for Michael Dell and his family.
- Investment Focus Areas: Private equity, real estate, credit.
- Notable Investments: Not publicly disclosed.
- D1 Capital Partners
- Details: D1 Capital Partners is a global investment firm. They invest across public and private markets.
- Investment Focus Areas: Technology, healthcare, industrials, consumer.
- Notable Investments: SpaceX, Stripe, Instacart.
What's Next for 6sense?
6sense stands at the cusp of significant opportunities, bolstered by a $100 million revolving debt facility from Silicon Valley Bank. This financial backing enables the company to leverage its AI-driven products, such as Revenue AI for Sales and Conversational Email with AI Writer, to enhance market presence and customer value. The impressive 70% revenue growth in FY2023 underscores the vast potential for expansion and innovation.
Future fundraising appears promising, given the favorable terms of the new debt agreement and the strong relationship with SVB. This positions 6sense well for additional financing to support its AI-forward growth strategy. However, the company must navigate the fluid global financial market and maintain operational excellence to sustain its growth trajectory.
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