Wonder

Research Outline

Prepared for Maddie C. | Delivered September 30, 2019

Tile’s Angel Investors

Goals

To obtain an overview of Tile’s angel investors to get a full picture understanding of their funding history pre-series B.

Early Findings

TILETotal funding amount to date is $104M. 
They have had five funding rounds, with the latest within 2019.
In 2013, they ran a crowdfunding campaign to raise $20,000. 
Eventually, they raised over $2.6M from over 49,000 backers. 
SEED FUNDING
Tile received seed funding of $3.5M from Tencent.
SERIES A
The first Series A investment was of $16M by GGV Capital. 
They announced this investment on November 17th, 2014.
There were seven investors. 
They announced the second Series A on June 23rd, 2015.
No additional information has been made public.
SERIES B
The first Series B investment was of $18M by Bessemer Venture Partners. 
They announced this investment on June 2nd, 2016.
There were five investors.
The second Series B investment was of $25M by Bessemer Venture Partners. 
They announced this investment on May 16th, 2017.
There were four investors.
SERIES C
This was a $45M investment by Francisco Partners. 
This investment was announced on June 24th, 2019.
There were five investors.