Total amount raised
$356.2 Million
Latest funding date
12/1/2020
Location
InVision has successfully navigated through 10 funding rounds, attracting investments from 19 different investors, including Raison Wealth and Employee Stock Option Fund. The company has also raised a venture fund named "InVision Fund" and has made several notable acquisitions, such as Trunk.
Despite the obfuscation of specific financial details, InVision's fundraising journey reflects a robust investment strategy and significant market interest. Keep reading to explore the intricacies of InVision's fundraising journey and the investors backing this innovative platform.
What Is InVision?
InVision, a visual collaboration platform, was located in New York, New York, United States. The company operated in various industries, including apps, collaboration, internet, mobile, product design, SaaS, software, and UX design. It had an employee count ranging from 501 to 1000.
Although the founding year and founder names are not explicitly mentioned, InVision was known for powering the world’s smartest companies through its innovative platform. Despite being marked as closed, the company left a significant impact on the market with its extensive funding rounds, investments, and acquisitions.
How Much Funding Has InVision Raised?
- Seed Round
- Amount Raised: USD 1,500,000
- Date: February 2012
- Lead Investors: FirstMark
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial product and gain early market traction.
- Debt Financing
- Amount Raised: USD 6,000,000
- Date: March 2011
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational costs and early-stage growth.
- Debt Financing
- Amount Raised: USD 1,100,000
- Date: May 2013
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To bridge funding gaps and maintain cash flow.
- Series A
- Amount Raised: USD 11,600,000
- Date: December 2013
- Lead Investors: Tiger Global Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and accelerate product development.
- Series B
- Amount Raised: USD 21,000,000
- Date: August 2014
- Lead Investors: Tiger Global Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product features.
- Series C
- Amount Raised: USD 45,000,000
- Date: July 2015
- Lead Investors: Accel
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and invest in marketing efforts.
- Series D
- Amount Raised: USD 55,000,000
- Date: June 2016
- Lead Investors: ICONIQ Growth
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support international expansion and product innovation.
- Series E
- Amount Raised: USD 100,000,000
- Date: November 2017
- Lead Investors: Battery Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance platform capabilities and enter new markets.
- Series F
- Amount Raised: USD 115,000,000
- Date: December 2018
- Lead Investors: Spark Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To solidify market leadership and drive further innovation.
- Secondary Market
- Amount Raised: Not publicly disclosed
- Date: December 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
Total Amount Raised: USD 355,200,000. Current Valuation: Not publicly disclosed.
Key Investors
- Spark Capital
- Details: Spark Capital is a venture capital firm that invests in startups across various stages. They are known for their hands-on approach and deep industry expertise.
- Investment Focus Areas: Technology, media, consumer products.
- Notable Investments: Twitter, Slack, Oculus.
- Battery Ventures
- Details: Battery Ventures is a global, technology-focused investment firm. They invest in cutting-edge, category-defining businesses in markets including software and services, enterprise infrastructure, and consumer technology.
- Investment Focus Areas: Software, enterprise infrastructure, consumer technology.
- Notable Investments: Glassdoor, Wayfair, Nutanix.
- ICONIQ Growth
- Details: ICONIQ Growth is a tech-focused investment firm that partners with exceptional entrepreneurs. They provide capital and strategic support to help companies scale.
- Investment Focus Areas: Technology, software, internet.
- Notable Investments: Snowflake, Uber, Zoom.
- Accel
- Details: Accel is a venture capital firm that focuses on early and growth-stage investments. They have a long history of backing some of the most successful technology companies.
- Investment Focus Areas: Technology, internet, software.
- Notable Investments: Facebook, Dropbox, Spotify.
- Tiger Global Management
- Details: Tiger Global Management is an investment firm that deploys capital globally in both public and private markets. They are known for their aggressive investment strategy and significant capital reserves.
- Investment Focus Areas: Technology, internet, consumer products.
- Notable Investments: LinkedIn, JD.com, Stripe.
What's Next for InVision?
InVision stands at the cusp of significant opportunities, particularly in leveraging technological innovation and digital transformation trends. The company can capitalize on these trends to enhance its platform capabilities and expand its market reach. This growth potential could attract further investments, enabling InVision to secure additional funding for scaling operations and driving product innovation.
However, the path forward is not without challenges. InVision must navigate a rapidly evolving technological landscape and maintain investor confidence. Effective public relations and strategic partnerships will be crucial in overcoming these hurdles and ensuring sustained growth and market leadership.
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