Latest news with #CapitalG
Yahoo
01-07-2025
- Business
- Yahoo
Mo Jomaa breaks down IPO prep for founders on the Scale Stage at TechCrunch All Stage
An IPO may not be on your near-term roadmap, but the best founders start planning for it long before the bankers show up. At TechCrunch All Stage on July 15 at Boston's SoWa Power Station, Mo Jomaa, partner at CapitalG (Alphabet's independent growth fund), will lead a session titled 'What to Think About Now If You Want to IPO Someday' on the Scale Stage. In this session, Jomaa will walk founders through what it really takes to build toward a public debut, with lessons drawn from years investing in companies like Databricks, Grafana, Armis, and Cribl. Whether you're a few years out or simply want to keep the door open, Jomaa will show how metrics, hiring, and growth strategy all play into IPO readiness. Before joining CapitalG, Jomaa helped lead IPO and M&A deals for enterprise software at Morgan Stanley. Today, he brings that investor lens to some of the biggest names in data infrastructure and analytics, and to founders preparing for high-stakes growth. Expect tactical advice on: If your startup has staying power, this session will help you shape the kind of strategy that leads to a lasting outcome. In just two weeks, the startup world converges in Boston. is the ultimate founder summit — designed to fuel startup growth and connect backers with builders. Investor tickets save $425. Founder tickets save $320. Register now and save.
TechCrunch
01-07-2025
- Business
- TechCrunch
Mo Jomaa breaks down IPO prep for founders at TC All Stage
An IPO may not be on your near-term roadmap, but the best founders start planning for it long before the bankers show up. At TechCrunch All Stage on July 15 at Boston's SoWa Power Station, Mo Jomaa, partner at CapitalG (Alphabet's independent growth fund), will lead a session titled 'What to Think About Now If You Want to IPO Someday' on the Scale Stage. In this session, Jomaa will walk founders through what it really takes to build toward a public debut, with lessons drawn from years investing in companies like Databricks, Grafana, Armis, and Cribl. Whether you're a few years out or simply want to keep the door open, Jomaa will show how metrics, hiring, and growth strategy all play into IPO readiness. What investors look for when eyeing IPO potential Before joining CapitalG, Jomaa helped lead IPO and M&A deals for enterprise software at Morgan Stanley. Today, he brings that investor lens to some of the biggest names in data infrastructure and analytics, and to founders preparing for high-stakes growth. Expect tactical advice on: The financial and operational insights that matter most to growth-stage investors Why early executive hires set the tone for long-term trajectory How your go-to-market motion impacts public market decisions What to start focusing on today if an IPO might be in your future If your startup has staying power, this session will help you shape the kind of strategy that leads to a lasting outcome. Lean in on this session, and pocket ticket savings now In just two weeks, the startup world converges in Boston. TechCrunch All Stage is the ultimate founder summit — designed to fuel startup growth and connect backers with builders. Investor tickets save $425. Founder tickets save $320. Register now and save.
TechCrunch
13-06-2025
- Business
- TechCrunch
Clay secures a new round at a $3B valuation, sources say
Clay, a sales automation startup, has raised a Series C round at an approximate $3 billion valuation, led by Capital G, according to three sources with knowledge of the deal. Clay and Capital G didn't respond to a request for comment. The new round comes just a month after the New York startup announced that it will allow most of its employees to sell some of their shares at a $1.5 billion valuation. That secondary deal, known as a tender offer, was led by Sequoia, which agreed to purchase up to $20 million in employee stock. While it may seem that employees who sold shares at a much smaller price than the company is worth now got a bad deal, they'll likely have another chance to sell more stock at a higher valuation next year. Kareem Amin, Clay's co-founder and CEO, told TechCrunch in May that he hopes to do tender offers on an annual basis. Clay was founded in 2017, but it didn't hit its stride until a few years ago, when Amin decided to pivot the startup's focus to empowering salespeople and marketers with AI, helping them discover key data and automate their go-to-market strategies. Clay allows salespeople to find and update prospective customer lists and write personalized outreach emails. Today, Clay's tools are used by thousands of customers, ranging from large companies like OpenAI, HubSpot, and Canva to over 100 small consulting agencies that help other businesses utilize Clay for their go-to-market efforts. The company competes with sales tech platforms including ZoomInfo, Lusha, as well as newer offering Unify and Common Room Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW Besides Sequoia, existing investors in Clay include Meritech Capital, Boldstart Ventures, Maple VC, First Round Capital, and Box Group.
Bloomberg
10-06-2025
- Business
- Bloomberg
Alphabet's CapitalG Backs Adyen Co-Founder's Latest Startup Tebi
Tebi BV, the newest fintech firm created by Adyen NV co-founder Arnout Schuijff, has raised €30 million ($34.2 million) in funding, betting that more restaurants are on the hunt for a single platform to manage everything from reservations to inventory to payments. The round was led by Alphabet Inc. 's independent growth fund CapitalG and included participation from existing investor Index Ventures, according to a statement. Tebi declined to disclose what it's now valued at after raising the funds.
TechCrunch
06-06-2025
- Business
- TechCrunch
Why investing in growth-stage AI startups is getting riskier and more complicated
Making a bet on AI startups has never been so exciting — or more risky. Incumbents like OpenAI, Microsoft, and Google are scaling their capabilities fast to swallow many of the offerings of smaller companies. At the same time, new startups are reaching the growth stage much faster than they historically have. But defining 'growth stage' in AI startups is not so cut-and-dried today. Jill Chase, partner at CapitalG, said on stage at TechCrunch AI Sessions that she's seeing more companies that are only a year old, yet have already reached tens of millions in annual recurring revenue and more than $1 billion in valuation. While those companies might be defined as mature due to their valuation and revenue generation, they often lack much of the necessary safety, hiring, and executive infrastructure. 'On one hand, that's really exciting. It represents this brand new trend of extremely fast growth, which is awesome,' Chase said. 'On the other hand, it's a little bit scary because I'm gonna pay at an $X billion valuation for this company that didn't exist 12 months ago, and things are changing so quickly.' 'Who knows who is in a garage somewhere, maybe in this audience somewhere, starting a company that in 12 months will be a lot better than this one I'm investing in that's at $50 million ARR today?,' Chase continued. 'So it's made growth investing a little confusing.' To cut through the noise, Chase said it's important for investors to feel good about the category and the 'ability of the founder to very quickly adapt and see around corners.' She noted that AI coding startup Cursor is a great example of a company that 'jumped on the exact right use case of AI code generation that was available and possible given the technology at the time.' Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW However, Cursor will need to work to maintain its edge. 'There will be, by the end of this year, AI software engineers,' Chase said. 'In that scenario, what Cursor has today is going to be a little less relevant. It is incumbent on the Cursor team to see that future and to think, okay, how do I start building my product so that when those models come out and are much more powerful, the product surface represents those and I can very quickly plug those in and switch into that state of code generation?'
