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Whale Rock Capital Management

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Investments

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Total investments 31
Average round size
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The average size of a deal this fund participated in
$589M
Portfolio companies 27
Rounds per year 1.72
Lead investments 5
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.13
Exits 3
Key employees Soon

Areas of investment

  • Software
  • Financial Services
  • FinTech
  • Payments
  • SaaS

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Typical Co-investors
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These funds have a tendency to invest in the following rounds after Whale Rock Capital Management:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Flash

Employee Benefits
Payments
Service Industry
$100M09 Mar 2022 Sao Paulo, São Paulo, Brazil

Fenbeitong

Financial Services
FinTech
Internet
Internet of Things
Software
$140M17 Feb 2022 Dongcheng District, Beijing, China

Pilot

Accounting
Financial Services
FinTech
Professional Services
Software
$110M26 Jan 2021 San Francisco, California, United States
News
Hinge Health Raises $600M in Funding

– Hinge Health is a San Francisco, CA-based digital health company.
– Company raised $400m in Series E financing at a $6.2b valuation.
– The round was led by Tiger Global and Coatue Management, with Alkeon and Whale Rock acquiring ownership as part of a $200m secondary investment.
– The new investment will be used to continue building a patient-centered Digital Musculoskeletal (MSK) Clinic to help reduce MSK pain, surgeries, and opioid by pairing advanced wearable sensors and computer vision technology with a comprehensive clinical care team of physical therapists, physicians, and board-certified health coaches.

Rapyd Raises $300 Million Series E to Further Enhance its Fintech as a Service Offering Amidst Unprecedented Global Adoption of Embedded Finance

– Rapyd received a $300m Series E funding round led by Target Global.
– The round was joined by several new investors including funds managed by Fidelity Management and Research Company, Altimeter Capital, Whale Rock Capital, BlackRock Funds, and Dragoneer, along with participation from existing investors: General Catalyst, Latitude, Durable Capital Partners, Tal Capital, Avid Ventures, and Spark Capital.
– Rapyd plans to use the funding to make several more strategic acquisitions to both support expansion in key markets and grow payment products and experiences. This will increase the scale of Rapyd’s platform not just across geographies, but also across verticals and solutions.

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Total investments 31
Average round size 589M
Rounds per year 1.72
Peak activity year 2021
Lead investments 5
Follow on index 0.13
Exits 3
Group Appearance index 1.00

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Flash

Employee Benefits
Payments
Service Industry
$100M09 Mar 2022 Sao Paulo, São Paulo, Brazil

Fenbeitong

Financial Services
FinTech
Internet
Internet of Things
Software
$140M17 Feb 2022 Dongcheng District, Beijing, China

Pilot

Accounting
Financial Services
FinTech
Professional Services
Software
$110M26 Jan 2021 San Francisco, California, United States
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