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Briefing

The Briefing: TPG Lists At $9B valuation, Flipdish Picks Up $100M, And More

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Here’s what you need to know today in startup and venture news, updated by the ºÚÁÏ³Ô¹Ï News staff throughout the day to keep you in the know.

PE firm TPG lists at a $9B valuation

San Francisco-based private equity firm raised $1 billion in its public debut valuing the company at $9 billion. It is the first U.S. listing in 2022, and is trading on under the ticker symbol TPG. The firm invests across five areas; capital, growth, impact, real estate and market solutions, and has $109 billion in assets under management, according to its announcement. 

— Gené Teare

Flipdish picks up $100M for online ordering

, provider of a platform for food purveyors to offer branded online ordering, raised $100 million in a Series C funding round.

led the financing, which sets a valuation of over $1.25 billion for the 7-year-old company. The deal follows a $48.5 million investment from in February 2021. The latest investment will be used to grow global operations, fund R&D and support new customers like hotels, stadiums, movie theaters, and airports.

— Joanna Glasner

Funding rounds

Lead School lands $100M: Mumbai-based , which provides technology to schools with a focus on digital learning, raised $100 million in a Series E round backed by and . The financing pushes the 10-year-old company’s valuation into unicorn territory.

— Joanna Glasner

Observable raises $35.6M: , provider of a data visualization platform for enterprises, announced it raised $35.6 million in a Series B funding round led by . Existing investors and also participated in the round.

— Joanna Glasner

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