Carlyle leads YipitData’s up-to-$475M Series E at ~$1B valuation

In December 2021, New York–based alternative data and market research firm YipitData raised up to $475 million in a Series E round led by The Carlyle Group, crossing unicorn status at a reported ~$1 billion valuation.

YipitData analyzes large-scale consumer and marketplace datasets to deliver insights used by investment funds and corporates across ridesharing, e-commerce, payments and related verticals. Carlyle’s lead growth investment marked a major PE-led capitalization of the business alongside its existing venture backers. The FinSMEs report cites Carlyle (NASDAQ: CG) as round lead; amount was framed as “up to” $475 million.

Source: FinSMEs — YipitData Raises Up To $475M in Series E Funding (6 Dec 2021): https://www.finsmes.com/2021/12/yipitdata-raises-up-to-475m-in-series-e-funding.html