Built In Series C financing led by Updata Partners
$22,000,000
First Analysis acted as the exclusive financial advisor to Built In for its $22 million series C financing. Updata Partners led the round, with participation from existing investors including MATH Venture Partners, which led Built In’s previous two funding rounds. First Analysis focuses its advisory services on high growth entrepreneur-led technology businesses like Built In. The First Analysis team closely partnered with the Company to help define and achieve its growth investment objectives that included finding the right equity partner. First Analysis was actively engaged throughout the transaction process, including preparation, positioning, investor coordination and contact, due diligence and negotiation.
About Built In:
Working in tech is a lifestyle. Built In helps people live it with purpose. Across the most vibrant tech hubs in the U.S., the company helps tech professionals stay on top of tech news and trends, expand their networks and carve out futures at companies they believe in. Its market-specific sites serve more than 1,800 customers and an audience of 1 million tech professionals every month. Built In recently launched BuiltIn.com, a national hub for tech trend coverage and resources to help people grow in their careers.
About Updata Partners:
Updata Partners is a leading technology growth equity firm based in Washington, DC. Led by an investment team averaging more than 25 years of technology experience, Updata invests in high-growth software and software-driven businesses where the combination of its capital and operating experience will help accelerate success.