News

Gunderson Dettmer Client Compass Raises $400M at $4.4B Valuation

September 27, 2018Client News

Real estate platform Compass has raised $400 million in a Series F round of funding to help grow its domestic business as well as open internationally. The deal, led by Softbank’s Vision Fund and Qatar Investment Authority, has the company valued at $4.4 billion; double its valuation from last year.

In December of 2017 Compass raised a Series E of $550 million in a deal led by the same Softbank fund.

The Gunderson Dettmer team was led by corporate partner Steven Baglio and included Of Counsel Ryan Purcell and associates Wenli Cai, Randall Clark and Skylar Polansky.