🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Shuvodip Ray

 • 

YouTube • 5m

🗞️ How did Uber's initial funding rounds impact its growth Uber's initial funding rounds were crucial in fueling the company's rapid growth and expansion. Uber raised an initial $1.25 million in angel funding from First Round Capital in 2010, which allowed the company to launch its ride-hailing service in San Francisco.This was followed by a $11 million Series A round in early 2011 and a $37 million Series B round later that year, which included an investment from Jeff Bezos. By 2015, Uber had secured a $1 billion Series F round that valued the company at $51 billion. The company also pursued significant debt financing, raising $1.6 billion from Goldman Sachs in 2015 and an additional $1.15 billion in 2016. These early funding rounds enabled Uber to rapidly expand its operations, first in the U.S. and then internationally, establishing a presence in major cities across the globe. The influx of capital allowed Uber to invest heavily in marketing, driver acquisition & technology dev.

3 replies11 likes
2
Replies (3)

More like this

Recommendations from Medial

Inactive

Stealth • 6m

Flipkart: $350 million equity funding from Google Atlan: $105 million Series C round NephroPlus: $102 million Series F round TechnoSport: $21 million Series A round Libas: $18 million Series A round Annapurna Finance: $21 million Series A round

See More
0 replies5 likes
Image Description
Image Description

Vrishank Raj

Stealth • 6m

Let's understand Bridge round today 👇 - Bridge rounds are funding rounds that can help startups “bridge” the gap between two major funding rounds. - Startups seek different types of funding from investors. For some entrepreneurs, the initial seed

See More
8 replies16 likes
6

Payal Manghnani

Stealth • 1m

*Jaya Talent is looking to hire a Marketing Manager* (fully remote) *Company*: AI-focused Launchpad that has secured a total of $11.7 million in funding across two rounds. Their most recent funding round, completed in 2022, raised $5 million. *Appl

See More
0 replies1 like

Industry Insider

Stealth • 7m

Today a Bengaluru-based agriculture robotics startup Niqo Robotics has raised $13 million in a Series B funding round led by Brida Innovation Ventures.

0 replies5 likes
1

Yogesh Jamdade

Stealth • 6m

Indian AI startups: Uniphore Technologies Industry: Conversational Service Automation (CSA) Funding: Total funding raised: Over $658 million across 13 rounds (as of June 20, 2024) Largest funding round: Series E in January 2022 for $400

See More
0 replies7 likes
Image Description

Harsh Dwivedi

 • 

Medial • 7m

1. Delhi-based battery-swapping startup Battery Smart is set to raise around INR 376.3 crore (approximately $45 million) in a Series B funding round. 2. Matel, an e-mobility startup, raised $4 million in a Series A funding round. 3. InstaAstro, a s

See More
5 replies31 likes
3
Image Description
Image Description

Inactive

Stealth • 4m

From Dorm Room to $1 Billion How stripe really "cooked" ? 2010: Stanford dorms. Irish brothers Patrick and John Collison frustrated with online payments. Idea: Make internet transactions simple for developers Initial product: 7 lines of code 201

See More
4 replies12 likes
1
Image Description
Image Description

TREND talks

Stealth • 1d

🚀 Funding winter over? India’s tech startup ecosystem outshines China, Germany with $11.3 billion raised in 2024 🌎 💰 During H2 2024, the technology sector raised $5.32 billion across 540 rounds marking an 8 percent increase from H2 2023's $4.92

See More
3 replies8 likes
Image Description
Image Description

Nawal

Stealth • 3m

PW is on 🔥 Alakh Pandey-led edtech unicorn Physics Wallah (PW) has secured $210 million in a Series B funding round, boosting its valuation to $2.8 billion—more than double the $1.1 billion it achieved in its previous Series A round. The funding

See More
4 replies27 likes
1
Image Description
Image Description

Harshajit Sarmah

Stealth • 4m

San Francisco-based startup Story has raised $80 million in funding to develop a blockchain to protect creators’ intellectual property from being used by AI developers like OpenAI without authorization. The funding round was led by Andreessen Horowi

See More
4 replies12 likes
3

Download the medial app to read full posts, comements and news.