What is Invaluable?
Founded in 1989 and based in Allston, Massachusetts, Invaluable operates within the specialized niche of SaaS and ecommerce solutions tailored for the auction industry. Its long-standing presence suggests a deep understanding of the market's unique demands and a proven ability to adapt to technological advancements. The company's focus on providing robust application development for auction houses positions it as a key player in digitizing and streamlining auction processes.
How much funding has Invaluable raised?
Invaluable has raised a total of $48.2M across 3 funding rounds:
Series A
$1.5M
Series C
$13M
Series D
$33.8M
Series A (2001): $1.5M, investors not publicly disclosed
Series C (2009): $13M led by Ascent Venture Partners and Commonwealth Capital Ventures
Series D (2014): $33.8M supported by Ascent Venture Partners, Insight Venture Partners, and Commonwealth Capital Ventures
Key Investors in Invaluable
Ascent Venture Partners
Ascent Venture Partners is an enterprise technology venture capital fund that focuses exclusively on investing in and supporting early-stage companies in the B2B sector. With over thirty years of experience, the team brings a wealth of knowledge and a strong network to help entrepreneurs succeed.
Commonwealth Capital Ventures
Commonwealth Capital Ventures is a technology focused venture capital firm that partners with early and growth stage entrepreneurs in software, internet, communications and digital media, providing patient capital and support to build enduring companies.
Insight Venture Partners
GO is a private platform purpose-built for Insight Partners' portfolio company leaders. GO unifies our 500+ software portfolio companies to foster connections, strengthen leadership, expand their brain trust, and provide support as they scale.
What's next for Invaluable?
The recent major strategic investment indicates a new phase of expansion for Invaluable. This influx of capital is likely to fuel further development of its SaaS and ecommerce platforms, potentially enabling market penetration into new geographical regions or expanding its service offerings. The company's established history and enterprise-level funding context suggest a trajectory towards scaling operations and solidifying its leadership in the auction technology sector.
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