Wayflyer becomes Ireland’s sixth unicorn; raises €133M at €1.4B valuation
Wayflyer, a revenue-based financing platform for e-commerce merchants, announced on Tuesday that it has raised $150M (approx €133M) funding in a Series B round, at a post-money valuation of $1.6B (approx €1.4B).
The round was co-led by DST Global and QED Investors, with participation from three new investors – Prosus, Madrone Capital Partners, and J.P. Morgan. Existing investors Left Lane Capital and Guillaume Pousaz (Checkout.com founder) also participated.
The latest funding comes nine months after the company secured $76M (approx €67.5M) in a Series A round from Left Lane Capital.
The investment will enable Wayflyer to accelerate its expansion in the US, across Europe, and into Asia, as well as allow the business to hire world-class talent and expand its product offering.
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Source: Wayflyer becomes Ireland’s sixth unicorn; raises €133M at €1.4B valuation | Silicon Canals