The Browser Company raised $50 million in a funding round led by Pace Capital at a $550 million valuation to further develop its innovative Arc browser.
Mar 21, 2024•over 1 year ago
Amount Raised
$50 Million
New YorkSoftwareArtificial IntelligenceInvestors
Next Play VenturesPace Capital
Description
The Browser Company has secured a $50 million funding round, with Pace Capital leading the investment, bringing its total funding to $128 million. Notable investors such as Jeff Weiner, Ev Williams, Dylan Field, Akshay Kothari, and Jason Warner have also backed the company.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech