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On October 7, 2024, Prosus announced it is doubling down on Urban Company with a $30 million secondary transaction at a $2.6 billion valuation ahead of the home services platform's anticipated IPO next year. Early investors like Accel and Elevation Capital are holding on for now. Meanwhile, Whatfix, a digital adoption platform, has announced a $58 million liquidity program for its employees and investors. This marks the company's fourth buyback of ESOPs and is being executed at a premium to the second-last funding round. Last month, Whatfix raised $125 million in a Series E round.
🏮 @whatfix, a business-to-business digital adoption platform, which raised $125 million in Series E round last month, has announced a $58 million liquidity program for its employees and investors. This is company’s fourth buyback ESOPs. https://t.co/4AHLGJMMNT
SaaS firm Whatfix rolls out $58 million buyback programme for employees, investors It is being done at a premium to the second-last funding round of @whatfix where eight current and former executives sold their vested stock options. Read more at: https://t.co/uoOqgt6LOO
#Business | Whatfix announces $58-mn ESOP buyback and investor liquidity event 💰🔄 writes @BhavyaDKumar Click for more details⤵️ https://t.co/m0KQhl8A00 #Whatfix #ESOP #Buyback #Investor https://t.co/xHZxSiMNuk
