Deals
Tiger Global-Backed HighRadius Valued in Funding at $3.1 Billion
- D1 Capital also led $300 million round for treasury software
- Company could go public in 2022 through a traditional IPO
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Treasury management business HighRadius Corp. has completed a funding round that values the company at $3.1 billion, said founder and Chief Executive Officer Sashi Narahari.
The $300 million investment was co-led by Tiger Global Management and D1 Capital, with participation from ICONIQ Growth and Susquehanna Growth Equity. The chief executives of Snowflake Inc., Procore Technologies Inc. and Airtable also wrote checks.