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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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Feb 2022 | Series F | $4B |
| Sep 2018 | Series D | $1B |
| Jan 2016 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2022 | Series F | New Enterprise Associates (lead); The K Fund; KSV Global | $300M | $4B | - |
| Sep 2019 | Series E | Ling 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 2018 | Series D | Playground Global; Founders Fund | $129M | $1B | Branch, 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 2017 | Series C | Playground 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 2016 | Series B | Founders Fund (lead); CSC Upshot; Pear VC; Ben Narasin; New Enterprise Associates; Zach Coelius; Canvas Prime; Cowboy Ventures; ZenStone Venture Capital; Madrona | $35M | $205M | - |
| Feb 2015 | Series A | New 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 2014 | Seed | New 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 2014 | Seed | Pear 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Participant | Jun 2014 | ||
| 5 | Lead | Sep 2014 | ||
| 3 | Participant | Sep 2014 | ||
| 3 | Participant | Feb 2015 | ||
| 3 | Lead | Apr 2017 | ||
| 3 | Participant | Feb 2015 | ||
| 2 | Participant | Feb 2015 | ||
| 2 | Participant | Feb 2015 | ||
| 2 | Lead | Jan 2016 | ||
| 2 | Participant | Jan 2016 | ||
| 2 | Participant | Jan 2016 | ||
| 1 | Participant | Jan 2016 | ||
| 1 | Participant | Feb 2015 | ||
This data is available for Pro users. Sign up to see all 23 Branch investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions 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
| 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 Country | |||
| HQ City | San Francisco, CA | Chicago, IL | - |
| Deal Date | 1 Sep 2022 | 19 Jul 2022 | 10 Sep 2018 |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all Branch acquisitions and their M&A valuation multiples. Start Free Trial | |||
Branch Competitors
Branch competitors include listed companies like Shanghai DZH, Wolters Kluwer and HCR Co, and private ones like Qontigo, Capitolis and BitSight.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $3.5B | - | ||
| Publicly listed | $123M | ($545K) | $2.4B | - | ||
| Private | - | - | $1.6B | - | ||
| Publicly listed | $7.1B | $2.5B | $18B | 3.1x | ||
| Publicly listed | $75M | ($3M) | $354M | - | ||
| Private | $200M | - | $2.4B | 12.0x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $55M | $50M | 68.9x | 68.1x | 76.2x | 78.1x | |||
| $1.5B | $613M | 2.3x | 2.1x | 5.6x | 8.7x | |||
| $399M | $44M | 9.8x | 8.4x | 87.8x | - | |||
| $380M | $122M | 8.8x | 7.5x | 27.5x | 25.1x | |||
| $3.2B | $502M | 0.1x | 0.1x | 0.7x | 0.6x | |||
| $1.6B | $530M | 3.3x | 3.3x | 10.1x | 9.6x | |||
| $3.6B | $1.2B | 2.4x | 3.5x | 7.3x | 14.4x | |||
| $1.7B | $285M | 1.4x | 1.5x | 8.4x | 5.3x | |||
This data is available for Pro users. Sign up to see all Branch competitors and their valuation data. Start Free Trial | ||||||||
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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