Branch Valuation, Funding & Investors

Branch is valued at $4B as of February 2022.

Last Branch valuation

$4B

Series F · Feb 2022

Last Branch funding round

$300M

Series F · Feb 2022

Cumulative funding Branch raised

$667M

across 8 funding rounds

Key investors in Branch

  • New Enterprise Associates
  • Pear VC
  • Cowboy Ventures
  • Playground Global
  • Zach Coelius
  • Ben Narasin

Branch Overview

About Branch

Branch is a mobile marketing platform specializing in deep linking, attribution, and user journey analytics. San Francisco-headquartered and founded in 2014, the company tracks cross-platform campaigns for apps on iOS and Android. World-class clients including Instacart, Western Union, NBCUniversal, Zocdoc, and Sephora use Branch to measure ROI on ad spend across Google Ads, Facebook, and Snapchat. The platform processes billions of links monthly, ensuring privacy compliance with App Tracking Transparency.


Founded

2014

HQ

United StatesSan Francisco, CA

Website

branch.io

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$4B (Feb 2022)

Branch Valuation

Branch is currently valued at $4B, based on its Series F in February 2022.

The $300M round was led by New Enterprise Associates, with participation from The K Fund and KSV Global.

Branch's valuation has grown 20x from $205M at its Series B in January 2016 to $4B in February 2022, across 3 priced rounds.

Branch valuation by funding round

Branch valuation by funding round
DateStageValuation
Feb 2022Series F$4B
Sep 2018Series D$1B
Jan 2016Series B$205M

Branch Funding History

Branch has raised a total of $667M across 8 funding rounds.

Branch's first fundraising round was a $300K seed round in June 2014. The most recent completed round was a $300M Series F in February 2022.

Branch funding rounds

Branch funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Feb 2022Series FNew Enterprise Associates (lead); The K Fund; KSV Global$300M$4B-
Sep 2019Series ELing Wong; Playground Global$125M-Branch is a mobile analytics, deep linking, and app marketing platform operating in B2B software markets. Traction includes rapid scaling operations and presence in mobile analytics and marketing sectors. Investors include notable figures like Dr. Ling Wong and firms such as Playground Global, with total funding spanning 8 rounds from seed to later stages. The company achieved unicorn status with valuations reported as $1B+ and later $4B post-money in subsequent rounds up to 2022. The company was valued at $4B in a 2022 context per reports, indicating growth from 2019 unicorn phase.
Sep 2018Series DPlayground Global; Founders Fund$129M$1BBranch, a Redwood City-based deep-linking startup founded in 2014 by Alex Austin, Mike Molinet, Mada Seghete, and Dmitri Gaskin, provides a platform that helps brands create links between websites and mobile apps to drive app growth, conversions, user engagement, and retention. The technology enables deep links that direct users to specific content within apps, even if not previously installed, supporting 40,000 apps and roughly 3 billion monthly users with customers including Airbnb, Amazon, Pinterest, Reddit, Slack, and Tinder. In September 2018, Branch authorized the sale of $129 million in Series D shares, valuing the company at roughly $1 billion and entering unicorn status, with investors including Founders Fund and Playground Global following prior backing from NEA, Pear Ventures, Cowboy Ventures, and Madrona Ventures. This followed a $60 million Series C in April 2017 led by Playground Global, bringing total equity raised to over $113 million at that point, with funds aimed at platform growth amid tremendous growth and market leadership in deep linking. The company continued expanding, acquiring the attribution analytics platform TUNE in September 2018 alongside the funding authorization. Later developments included a $300 million Series F in February 2022 at a $4 billion valuation led by New Enterprise Associates, pushing total funding over $666 million, and acquisitions of Nova Launcher, Sesame Search, and AdLibertas in 2022.
Apr 2017Series CPlayground Global (lead); C.M. Capital Advisors; Pear VC; Samsung NEXT; New Enterprise Associates; Zach Coelius; DHVC; Canvas Prime; Cowboy Ventures; Madrona; Bossa Invest$60M--
Jan 2016Series BFounders Fund (lead); CSC Upshot; Pear VC; Ben Narasin; New Enterprise Associates; Zach Coelius; Canvas Prime; Cowboy Ventures; ZenStone Venture Capital; Madrona$35M$205M-
Feb 2015Series ANew Enterprise Associates (lead); TriplePoint Capital (lead); Daniel Curran; Pear VC; Ben Narasin; Ling Wong; Marc Bell Ventures; Zach Coelius; Natalie Carnegie; DHVC; Clark Landry; Cowboy Ventures$15M--
Sep 2014SeedNew Enterprise Associates (lead); Pear VC; Ben Narasin$3M-Branch, a mobile software company focused on mobile linking and attribution, raised $2.75 million in a Series Seed financing finalized in September 2014 from investors including New Enterprise Associates, Pear VC, and Ben Narasin. This seed round preceded a $15 million Series A in February 2015 co-led by New Enterprise Associates and Ben Narasin, with participation from Pejman Mar Ventures, Zach Coelius, Cowboy Ventures, and TriplePoint Capital. The Series A funding aimed to expand Branch’s mobile linking platform into new markets.
Jun 2014SeedPear VC$300K--

Who has invested in Branch?

23 investors have backed Branch across its funding rounds, including New Enterprise Associates, Pear VC, Cowboy Ventures, Playground Global, Zach Coelius and Ben Narasin.

Lead investors include New Enterprise Associates, Playground Global, Founders Fund and TriplePoint Capital.


Branch Investors

Investors in Branch by funding rounds participated
InvestorHQRoundsRoleFirst check
Pear VCUnited StatesSan Francisco, CA5ParticipantJun 2014
New Enterprise AssociatesUnited StatesSan Francisco, CA5LeadSep 2014
Ben NarasinUnited StatesSan Francisco, CA3ParticipantSep 2014
Zach CoeliusUnited StatesSan Francisco, CA3ParticipantFeb 2015
Playground GlobalUnited StatesSan Francisco, CA3LeadApr 2017
Cowboy VenturesUnited StatesSan Francisco, CA3ParticipantFeb 2015
Ling WongUnited StatesSeattle, WA2ParticipantFeb 2015
DHVCUnited StatesSan Francisco, CA2ParticipantFeb 2015
Founders FundUnited StatesSan Francisco, CA2LeadJan 2016
Canvas PrimeUnited StatesSan Francisco, CA2ParticipantJan 2016
MadronaUnited StatesSeattle, WA2ParticipantJan 2016
CSC UpshotUnited StatesSan Francisco, CA1ParticipantJan 2016
Daniel CurranUnited StatesLos Angeles, CA1ParticipantFeb 2015

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Branch

Branch has acquired 3 companies to date.

Last acquisition by Branch was on September 1st 2022. Branch acquired AdLibertas for undisclosed valuation.


Latest Acquisitions by Branch

AdLibertas
Nova Launcher
Tune (attribution analytics unit)
Description
-
Nova Launcher is an Android home screen replacement app offering customization options like icon packs, gesture controls, and app drawer organization. Developed by TeslaCoil Software, it supports over 50 million users with features for grid resizing, animations, and TeslaUnread notifications. Nova Launcher provides free and Prime versions with advanced theming. Available on Google Play since 2011.
-
HQ CountryUnited StatesUnited StatesUnited States
HQ City
San Francisco, CA
Chicago, IL
-
Deal Date1 Sep 202219 Jul 202210 Sep 2018
Valuationundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Branch Competitors

Branch competitors include listed companies like Shanghai DZH, Wolters Kluwer and HCR Co, and private ones like Qontigo, Capitolis and BitSight.

Public and private companies comparable to Branch
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
QontigoGermanyEschbornPrivate--$3.5B-
Shanghai DZHChinaChinaPublicly listed$123M($545K)$2.4B-
CapitolisUnited StatesUnited StatesPrivate--$1.6B-
Wolters KluwerNetherlandsNetherlandsPublicly listed$7.1B$2.5B$18B3.1x
HCR CoChinaChinaPublicly listed$75M($3M)$354M-
BitSightUnited StatesBoston, MAPrivate$200M-$2.4B12.0x

Branch Public Comps

Branch is still privately-owned, but its public comps include Shenzhen Fortune Trend, Sportradar, Geovis, CRISIL, TP ICAP, Octave Intelligence, Marex Group, Teradata, Shanghai DZH and Presight AI.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Shenzhen Fortune Trend$55M$50M68.9x68.1x76.2x78.1x
Sportradar$1.5B$613M2.3x2.1x5.6x8.7x
Geovis$399M$44M9.8x8.4x87.8x-
CRISIL$380M$122M8.8x7.5x27.5x25.1x
TP ICAP$3.2B$502M0.1x0.1x0.7x0.6x
Octave Intelligence$1.6B$530M3.3x3.3x10.1x9.6x
Marex Group$3.6B$1.2B2.4x3.5x7.3x14.4x
Teradata$1.7B$285M1.4x1.5x8.4x5.3x

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Common questions about Branch

When was Branch founded?Branch was founded in 2014.
Where is Branch headquartered?Branch is headquartered in San Francisco, CA, United States.
Is Branch publicly listed?No, Branch is a private, VC-backed company.
What is Branch's valuation?Branch was last valued at $4B in its Series F in February 2022.
How much funding has Branch raised?Branch has raised $667M across 8 funding rounds.
What was Branch's last funding round?Branch's last funding round was a $300M Series F in February 2022, led by New Enterprise Associates.
Who are Branch's investors?Branch's investors include Pear VC, New Enterprise Associates, Ben Narasin, Zach Coelius, Playground Global, Cowboy Ventures, Ling Wong, DHVC, Founders Fund, Canvas Prime and 13 others.
Which companies are comparable to Branch?Companies comparable to Branch include Qontigo, Shanghai DZH, Capitolis, Wolters Kluwer, HCR Co and BitSight.
How many companies has Branch acquired?Branch has acquired 3 companies, including AdLibertas, Nova Launcher and Tune (attribution analytics unit).

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