When Startups Don’t Raise

by Steve Nellis & Peter Schulz @ The Information

Today’s feature is a collaboration between ​CrunchBase and The Information.

A mark of a growing company is a need to raise fresh funds to help finance expansion. Even when they're making money, companies that have raised in the past tend to do so again to take advantage of higher valuations. By the same token, companies that haven't raised money in a couple of years could be in trouble.

To get a sense of some companies that may be on the edge, The Information and CrunchBase examined startup data from the past two years to find early-stage companies that haven't raised a round in two years or more.

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Funding Rounds Added

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Tenable Network Security

$250M / Series B

Tenable provides cybersecurity software for businesses and governments. Today's round is expected to close in December, and sets a new record for the largest private funding raised by a cybersecurity company.

Columbia United States · Security · Mobile Security
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Investors Partner(s)
Insight Venture Partners (Lead) -
Accel -
Careem

$60M / Series C

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Abraaj Group (Lead) -
STC Ventures -
Lumia Capital -
Schoology

$32M / Series D

Schoology is a cloud-based learning management system that allows teachers and students to collaborate. With $57M in total funding to date, the company will use the new capital to expand into new school districts and universities.

New York United States · Systems · Software · Education
Founders: Jeremy Friedman, Tim Trinidad, Ryan Hwang, Bill Kindler
Investors Partner(s)
JMI Equity (Lead) -
Intel Capital -
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More Activity

Funding Rounds
Company Amount / Round Lead Investor
Bread $14M / Series A -
Transfix $12M / Series A Canvas Ventures
The Dodo $12M / Series B SoftBank
Meilapp.com $10M / Series C Tiantu Capital
Lingvist $8.0M / Series A Rakuten
Chef's Basket $6.0M / Series A -
POP $6.0M / Series A -
VersaMe $2.5M / Seed -
Oppex $2.3M / Series A -
+ 245 More Funding Rounds
Acquisitions
Company Acquired by Amount
RealD Rizvi Traverse Management $55M
Fashion For Home Home24 -
+ 68 More Acquisitions
All Activity

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