September 11, 2015
For Mattermark, late-stage refers to any funding round after Series D. The size of a late-stage round varies, but the startups below raised between $50 million and ten times that amount. Fast growth is determined by the Mattermark growth score, which takes into account monthly unique website visitors, weekly mobile downloads, social media metrics, number of employees, and equity funding.
Here are those hot late-stage startups:
VICE raised $500 million in private equity in 2014.
Growth score: 17,850
Mattermark says: “VICE, the gonzo journalism outfit, has christened itself the ‘Time Warner of the streets.’ According to a report from Digiday, VICE has more than 20,000 unique visitors, over half of whom are Millennials.”
BuzzFeed raised a $50 million Series E round in August 2014 and went on to raise $200 million in private equity a year later. In that time, they also acquired Torando Labs and cloud video platform Zeega.
Growth score: 2,964
Mattermark says: “BuzzFeed, an internet news media company, plans to expand beyond listicles and to hard news, including longform and investigative work. According to the American Journalism Review, their monthly unique website visitors exceed 70 million.”
Sunrun raised $150 million in private equity in May 2014 and went public this August. Their stock price has dropped from an initial $14 per share to about $11.50.
Growth score: 2,935
Mattermark says: “Sunrun, the provider of residential solar electricity, will double installations in 2015, according to CEO Lynn Jurich. The company, which currently serves about 60,000 customers, will expand or open offices in four states in 2014.”
DocuSign raised $115 million in Series E funding in 2014 and has raised $278 million in Series F financing this year.
Growth score: 2,312
Mattermark says: “DocuSign, the electronic signature company, has experienced annual revenue growth of about 70 percent, according to CFO Mike Dinsdale. The San Francisco Business Times reports that DocuSign has 95,000 enterprise customers in 188 countries.”
Atlassian raised $150 million in 2014 and has since acquired collaborative editing software Wikidocs, file management platform doctape, video conferencing service BlueJimp, and business messaging platform Hall.
Growth score: 1,998
Mattermark says: “Atlassian, a collaboration software provider, recently reported annual revenue growth of 44 percent. A press release states more than $30 million in gross transactions from the Atlassian Marketplace, an app store for add-ons and extensions.”
The fastest-growing late-stage startups of 2014, along with a wealth of other data on the fastest-growing startups, regions, and industries, are reported in the 2014 Startup Traction Report (get it for $99).
Mattermark’s 2014 Startup Traction Report uses data from public sources like Crunchbase, AngelList, NASDAQ, the SEC, and the White House Office of Management & Budget, as well as private relationships they have with investors and entrepreneurs. Everything was measured for the 2014 fiscal year, which covers October 2013-September 2014.
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