Clari earnings forecasting platform snags $150M investment and triples appraisal to $1.6 B
Clari, the profits operations platform that helps companies predict revenue outcomes, announced $150 million Series E today on a $1.6 billion appraisal, a number that more than triples its 2019 Series D valuation of $500 million. Silver Lake led the most recent financial investment with participation from B Capital Group and existing investors Sequoia Capital, Bain Capital […] Silver Lake led the newest financial investment with involvement from B Capital Group and existing financiers Sequoia Capital, Bain Capital Ventures, Sapphire Ventures, Madrona Ventures, Thomvest and Tenaya Capital. While Byrne didn’t want to discuss profits specifics, he did point out that he beat the earnings plan he sent to his board by 110%. Clari has mostly focused on technology companies with clients like HPE, Workday and Adobe, but it has strategies to broaden beyond that vertical. The company is up 300 staff members with strategies to double that number by the end of 2021. …
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