Uber has reportedly raised $1.15 billion in July 7, 2016. This new high-yield loan will allow the company to take advantage of low interest rates without diluting the equity of early investors. According to the Wall Street Journal, “Uber will pay a yield of about 5% on the loan, underwritten by a group led by Morgan Stanley and also including Barclays PLC, Citigroup Inc. and Goldman Sachs Group Inc.” Last month Uber raised $3.5 billion from the investment arm of Saudi Arabia.
In the past two years alone, Uber has raised $13.8 billion in private rounds, mostly from venture capital and private equity but also in convertible debt. Uber currently valued at $68 billion in private market.
Uber CEO, Travis Kalanick recently stated “We are going to IPO as late as humanly possible,” Kalanick recently said at a conference in Berlin, according to Business Insider. “It’ll be one day before my employees and significant others come to my office with pitchforks and torches.”
UBER TOTAL FUNDING : $15.5B IN 17 ROUNDS : [ Via Venture Pulse Data ]
| Date | Funding Amount | Funding Round | Lead VC/Investor |
|---|---|---|---|
| Jul, 2016 | $1.15B | Debt Financing | Morgan Stanley |
| Jun, 2016 | $3.5B | Private Equity | Saudi Arabia's Public Investment Fund |
| Feb, 2016 | $200M | Private Equity | LetterOne |
| Jan, 2016 | $2B | Private Equity | |
| Sep, 2015 | $1.2B | Private Equity | Baidu |
| Aug, 2015 | $100M | Private Equity | Tata Opportunities Fund |
| Jul, 2015 | $1B | Series F | |
| Feb, 2015 | $1B | Series E | |
| Jan, 2015 | $1.6B | Debt Financing | Goldman Sachs |
| Dec, 2014 | $600M | Series E | Baidu |
| Dec, 2014 | $1.2B | Series E | |
| Jun, 2014 | $1.4B | Series D | Fidelity Investments |
| Aug, 2013 | $258M | Series C | GV |
| Dec, 2011 | $37M | Series B | Menlo Ventures |
| Feb, 2011 | $11M | Series A | Benchmark |
| Oct, 2010 | $1.25M | Angel | First Round |
| Aug, 2009 | $200k | Seed |
UBER ACQUISITION : (1) [ Via Venture Pulse Data ]
| Date | Acquired | Amount |
|---|---|---|
| Mar 3, 2015 | deCarta | Unknown |