Crunchbase Daily: A few startups got big exits with modest funding

A few startups got big exits with modest funding

This week’s news that mobile marketing startup AppLovin reached unicorn exit status on just $4 million in funding got us thinking about capital efficient companies. Using Crunchbase Pro, we searched to see what other companies with comparatively small capital raises went on to produce large outcomes. Over the past year, there were at least seven acquisitions that met our parameters, which called for a startup that raised less than $10 million in total and went on to fetch $100 million or more.Crunchbase Daily: Tink Labs, Druva, ProsperWorks, Red Planet Hotels, Color Genomics, Updater, Qihoo 360 - September 28, 2016 - btbirkett@gmail.com - Gmail