Instacart’s $210 million Series C round capped off an impressive 2014 for Y Combinator backed companies. How impressive? With huge valuation step-ups by alums including Zenefits, Docker and Mixpanel, and exits by the likes of Twitch Interactive to Amazon, Y Combinator’s top 13 grads have accrued $50 billion in aggregate value to date, according to CB Insights data. This includes both financing valuations for still private companies and exits where the company’s valuation, real or rumored, was disclosed.
Together, these companies raised over $1.5 billion in financing in 2014. The three largest financings by the 10 YC alums last year went to Airbnb’s $475 million Series D round close, Dropbox $350M Series C round and Instacart’s aforementioned funding. Stripe’s 2014 funding rounds, which totaled $150M also were a major contributor to YC’s killer 2014.
Many of these companies are on the 2015 Tech IPO Pipeline. Notably, Sequoia Capital is a pre-Series B investor in all but one of the currently private billion-dollar Y Combinator alumni as well as mobile analytics firm Mixpanel, which recently notched a $865M valuation. Even more impressive, Sequoia is an investor in 9 of the 13 companies below, highlighting Sequoia’s ability to get in to tech’s most valuable companies.
It’s worth mentioning that although Quora has a reported valuation of $900M and participated in YC in 2014, it was not included given its prior financing history to YC. See a list of companies by highest disclosed round valuation, batch and VC investors below.
|Rank||Company||Valuation ($M)||Batch||Early VC Investors|
|1||AirBnB||25500||W09||Sequoia Capital, Y Ventures, Greylock Partners|
|2||Dropbox||10000||S07||Sequoia Capital, Accel Partners|
|3||Zenefits||4500||W13||General Catalyst Partners, Andreessen Horowitz, Venrock, Maverick Capital|
|4||Stripe||3500||S10||Sequoia Capital, SV Angel, Andreessen Horowitz, Lowercase Capital, General Catalyst Partners|
|5||Instacart||2000||S12||Sequoia Capital, Khosla Ventures, Canaan Partners|
|6||Docker||1000||S10||Trinity Ventures, Lowercase Capital, Benchmark, Trinity Ventures|
|7||Twitch Interactive||970||S07||Felicis Ventures, Alsop-Louie Partners, Draper Associates|
|8||Mixpanel||865||S09||Sequoia Capital, Andreessen Horowitz|
|9||DoorDash||600||S13||Sequoia Capital, Khosla Ventures, CRV, Pejman Mar Ventures|
|10||ZenPayroll||560||W12||Google Ventures, Sherpalo Ventures, Kleiner Perkins, General Catalyst Partners|
|11||500||S05||Sequoia Capital, Andreessen Horowitz|
|12||Coinbase||471||S12||IDG Ventures, Union Square Ventures, Red Swan Ventures, Ribbit Capital|
|13||Weebly||455||W07||Baseline Ventures, Felicis Ventures, Floodgate, Sequoia Capital|
Data updated as of July 12, 2015
This report was created with data from CB Insights’ emerging technology insights platform, which offers clarity into emerging tech and new business strategies through tools like:
- Earnings Transcripts Search Engine & Analytics to get an information edge on competitors’ and incumbents’ strategies
- Patent Analytics to see where innovation is happening next
- Company Mosaic Scores to evaluate startup health, based on our National Science Foundation-backed algorithm
- Business Relationships to quickly see a company’s competitors, partners, and more
- Market Sizing Tools to visualize market growth and spot the next big opportunity