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Minted Valuation, Funding & Investors
Minted is valued at $428M as of October 2014.
Last Minted valuation
$428M
Series D · Oct 2014
Last Minted funding round
$208M
Series E · Dec 2018
Cumulative funding Minted raised
$287M
across 3 funding rounds
Key investors in Minted
TCV
Norwest
Slow Ventures
T. Rowe Price
Benchmark
Permira
About Minted
Minted is a San Francisco-based online design marketplace, founded in 2007, that connects independent artists and designers with consumers to create custom stationery, wall art, party decor, and home decor products. The platform crowdsources artwork and graphic design from a global community of creators, addressing the stationery, art, and home decor markets. Minted also produces artist-designed textiles and home goods, such as pillows, curtains, and table linens, manufactured on demand.
Founded
2007
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Valuation
$428M (Oct 2014)
Minted Valuation
Minted is currently valued at $428M, based on its Series D in October 2014.
The $38M round was led by Norwest, with participation from TCV.
Minted valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2014 | Series D | $428M |
Minted Funding History
Minted has raised a total of $287M across 3 funding rounds.
Minted's first fundraising round was a $41M Series C in October 2013. The most recent completed round was a $208M Series E in December 2018.
Minted funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2018 | Series E | Permira (lead); T. Rowe Price (lead) | $208M | - | Minted is an online marketplace founded in 2007 that connects independent designers and artists with consumers to create custom stationery, wall art, party decor, and home products. The platform crowdsources graphic design and artwork from a global community of creators and addresses major markets including the $10 billion stationery sector, $48 billion art market, and $100 billion home decor market. In December 2018, Minted closed a Series E funding round of $208 million led by Permira and T. Rowe Price, bringing its total funding to $297.37 million across seven rounds since its 2008 seed funding. |
| Oct 2014 | Series D | Norwest (lead); TCV | $38M | $428M | Minted, an e-commerce platform for artist-designed stationery, art prints, and home goods, raised $37.68-$38 million in its Series D funding round on October 30, 2014, led by Norwest Venture Partners with participation from Technology Crossover Ventures (TCV). This followed prior rounds including Series C in October 2013 led by TCV for $41 million. The funding supported expansion into new product categories and enhanced manufacturing capabilities. Post-money valuation reached $427.62 million, with a price per share of $12.83 and approximately 2.94-3.03 million shares outstanding in related cap table data. Total funding to date across rounds exceeded $250 million by later stages, culminating in a Series E of $208 million in 2018 at undisclosed valuation. |
| Oct 2013 | Series C | TCV (lead); Marco DeMeireles; Slow Ventures; Jeremy Stoppelman; Benchmark; Marissa Mayer; Julia Hartz; Allen & Company | $41M | - | Minted is a lifestyle brand and developer of a design marketplace that connects users with artists to create customized products. The company, founded in 2007 and headquartered in San Francisco, operates in the consumer and lifestyle e-commerce sector. In its Series C funding round on October 16, 2013, Minted raised $41 million led by TCV, with participation from Allen & Company, Benchmark, Jeremy Stoppelman, Julia Hartz, Marco DeMeireles, Marissa Mayer, and Slow Ventures. The motivation was to support growth and expand into new product categories. Prior rounds included a Seed in July 2008 for $2.5 million and Series A in September 2008 for $2.1 million led by Ridge Ventures. The Series C followed Series B in 2011 for $5.5 million. Subsequent rounds were Series D in October 2014 for $38 million led by Norwest Venture Partners to launch new products and enhance manufacturing. Total funding across rounds reached approximately $297 million by later stages, with Series E in 2018 for $208 million involving T. Rowe Price and Permira. TCV, a private equity and venture capital firm focused on technology including internet and software, has a track record with companies like Facebook, Netflix, and Spotify. |
Who has invested in Minted?
11 investors have backed Minted across its funding rounds, including TCV, Norwest, Slow Ventures, T. Rowe Price, Benchmark and Permira.
Lead investors include Permira, T. Rowe Price, Norwest and TCV.
Minted Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Oct 2013 | ||
| 1 | Lead | Dec 2018 | ||
| 1 | Participant | Oct 2013 | ||
| 1 | Participant | Oct 2013 | ||
| 1 | Participant | Oct 2013 | ||
| 1 | Participant | Oct 2013 | ||
| 1 | Participant | Oct 2013 | ||
| 1 | Lead | Oct 2014 | ||
| 1 | Lead | Dec 2018 | ||
This data is available for Pro users. Sign up to see all 11 Minted 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 Minted
Minted has acquired 1 company to date.
Last acquisition by Minted was on March 3rd 2016. Minted acquired Guildery for undisclosed valuation.
Latest Acquisitions by Minted
| Description | Guildery is a New York-based e-commerce platform specializing in customized home textiles using digital printing on fabrics. Customers design pillows, rugs, and upholstery with unlimited patterns from a library of licensed art or uploads. Leveraging dye-sublimation technology, Guildery produces items on-demand without minimum orders. Partnerships with artists and brands like Scalamandré enable premium fabrics. Launched in 2016, the company targets the mass customization segment of the home decor market. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 3 Mar 2016 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Minted acquisitions and their M&A valuation multiples. Start Free Trial | |
Minted Competitors
Minted competitors include listed companies like Victorian Plumbing Group, Betterware de Mexico, Haypp Group and HelloFresh, and private ones like Babycare and Omie & Cie.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $411M | $36M | $326M | 0.9x | ||
| Publicly listed | $829M | $152M | $595M | 1.1x | ||
| Private | - | - | $426M | - | ||
| Publicly listed | $393M | $19M | $451M | 1.0x | ||
| Private | - | - | $406M | - | ||
| Publicly listed | $7.8B | $246M | $452M | 0.0x |
Minted Public Comps
Minted is still privately-owned, but its public comps include Havertys, Hamilton Beach Brands, Villeroy & Boch, DFS Furniture, Franchise Brands, Haypp Group, HelloFresh, Hanssem, High Templar Tech and Scroll.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $759M | $46M | 0.7x | 0.7x | 12.2x | - | |||
| $607M | $42M | 0.7x | - | 9.6x | - | |||
| $1.7B | $154M | 0.3x | 0.4x | 3.7x | 3.6x | |||
| $1.4B | $207M | 0.7x | 0.7x | 4.7x | 4.4x | |||
| $191M | $47M | 2.6x | 2.5x | 10.5x | 9.9x | |||
| $393M | $19M | 1.2x | 1.0x | 25.0x | 21.7x | |||
| $7.8B | $246M | 0.0x | 0.0x | 1.5x | 0.8x | |||
| $1.3B | $91M | 0.3x | 0.3x | 4.4x | 6.2x | |||
This data is available for Pro users. Sign up to see all Minted competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Minted
| When was Minted founded? | Minted was founded in 2007. |
| Where is Minted headquartered? | Minted is headquartered in United States. |
| Is Minted publicly listed? | No, Minted is a private, VC-backed company. |
| What is Minted's valuation? | Minted was last valued at $428M in its Series D in October 2014. |
| How much funding has Minted raised? | Minted has raised $287M across 3 funding rounds. |
| What was Minted's last funding round? | Minted's last funding round was a $208M Series E in December 2018, led by Permira and T. Rowe Price. |
| Who are Minted's investors? | Minted's investors include TCV, Permira, Marco DeMeireles, Slow Ventures, Jeremy Stoppelman, Benchmark, Marissa Mayer, Norwest, T. Rowe Price, Julia Hartz and 1 other. |
| Which companies are comparable to Minted? | Companies comparable to Minted include Victorian Plumbing Group, Betterware de Mexico, Babycare, Haypp Group, Omie & Cie and HelloFresh. |
| How many companies has Minted acquired? | Minted has acquired 1 company, including Guildery. |
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