Snappy raises $25m in Series D financing led by Qumra Capital as valuation halved
04/15/24, 3:42 PM
Location
torontoMoney raised
$25 million
Round Type
series d
Investors
Qumra Capital
Israeli startup Snappy has completed a $25 million Series D financing round led by Qumra Capital, resulting in a total amount raised by the company to $130 million. The financing round was completed at a company valuation of $180-200 million, indicating the maturity of the entrepreneurs to adjust the valuation to the changes in the capital and private markets.
Company Info
Location
toronto, ontario, canada
Additional Info
The Toronto-based technology firm operates in 8 countries, including the US, Canada, the UK, and Australia, and is excited to continue expanding. We think Snappy will be the market leader in short order." With this funding, Snappy is strongly positioned to execute amidst these market tailwinds."