$38.51 million raised so far by Taulia via private placement

XDATA – December 30th 2015
Taulia disclosed selling 51% of its $75 million brokered equity offering to twenty-three investors. The sale started on December 15th according to the document filed at the SEC. $36.49 million in additional funding can be raised before December 2016 based on the placement’s structure. The private placement’s expected net proceeds will amount to $73.5 million excluding $1.5 million paid in brokerage fees by the company. A total of ten unregistered securities offerings closed by the company raised an estimated $78.36 million.
Taulia markets and develops cloud-based invoice, payment and discount management solutions for large buying organizations. The company is backed by Trinity Ventures, Matrix Partners, DAG Ventures, TELUS Ventures, QuestMark Partners, and SEB Private Equity.
The company is headquartered in San Francisco CA. Taulia elected to keep its revenues undisclosed.
The executive team includes Bertram Meyer, Cedric Bru, John Varughese and Markus Ament.
The board of directors includes Brian Matthews, Josh Hannah, Manu Gupta, Noel Fenton and Stuart Bagshaw.

The company has raised an estimated total of $116.87 million via private unregistered security offerings.
In addition, Taulia also disclosed issuing in the past an estimated $24,000 worth of securities in connection with an M&A transaction.

Offering recap
Status: First close
Company: Taulia
Industry: Other Technology
Amount offered: $75 million
Amount placed: $38.51 million
SEC filing: Source
First sale: 12-15-2015
Data as of: 12-30-2015

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s