Uber Series A Through Series H Funding Overview
Uber completed its Series A round in 2011 with a valuation of around 125 million after raising approximately 11 million from Benchmark and First Round Capital source. The company then raised its Series B in 2012 at roughly 180 million valuation, followed by a Series C in 2013 that pushed its worth above 3.5 billion source. By the time of its Series D in 2014, Uber had accumulated over 2.8 billion in total funding and was valued at around 18 billion, reflecting rapid scaling across global markets.
The Series E round in 2015 brought in roughly 1.2 billion at a 40 billion valuation from investors including Goldman Sachs and Google Ventures source. Series F in 2016 added 3.5 billion from Saudi Arabia's Public Investment Fund and Japan's SoftBank at a 62.5 billion valuation. The Series G round in 2017 and Series H in 2020 further expanded the capital base, with the latter raising 9.4 billion from SoftBank Vision Fund 2 and others at a 72 billion post money valuation.
Key Uber Series Investors and Strategic Backers
Benchmark Capital led Uber's Series A and remained a core shareholder through multiple rounds, while First Round Capital and Menlo Ventures participated in early stage funding source. Google Ventures and TPG Capital joined during Series D and E, contributing to the 18 billion and 40 billion valuation milestones respectively, reflecting institutional confidence in the ride-hailing model.
SoftBank became the dominant investor through the Vision Fund, leading the Series G and Series H rounds and holding a significant stake in Uber's pre-IPO capital structure source. Saudi Arabia's Public Investment Fund, Toyota, and Honda also participated in later rounds, aligning with Uber's strategic push into mobility and autonomous driving partnerships.
Uber IPO Valuation And Post Series Capital Structure
Uber went public in May 2019 at a reference price of 45 per share, implying a market capitalization of around 82 billion, which was below the 120 billion private market valuation targeted in the final pre-IPO funding round source. The IPO diluted many Series H investors, though SoftBank and other major backers retained substantial ownership through common and preferred shares.
Post-IPO, Uber's market capitalization fluctuated based on ride-hailing growth, profitability improvements