Permira Growth leads G2 $157M round at $1.1B+ valuation (Jun 2021)

In June 2021, Chicago-based software marketplace G2 raised $157 million in a growth round led by Permira’s growth fund, at a valuation of more than $1.1 billion. Existing investors Accel, Emergence and IVP participated; HubSpot Ventures and Salesforce Ventures joined as new strategics. Dealroom records the event as GROWTH EQUITY NON VC (Jun 2021) with Permira as lead. Permira Partner Tom Eggemeier joined the G2 board.

G2 (HQ Chicago, Illinois, United States) is a software buyer marketplace built on peer reviews and research used by tens of millions of buyers annually. This is a clear US HQ software growth equity investment by Permira (minority, growth strategy — not a control buyout). Permira still lists G2 as a current Technology portfolio company.

Source: Permira — G2 $157M Series D announcement: https://www.permira.com/news-and-insights/announcements/g2-raises-157-million-in-series-d-financing-to-continue-accelerating-growth-of-the-world-s-most-trusted-software-marketplace/
G2 — Series D announcement: https://company.g2.com/news/g2-series-d-announcement
Permira portfolio — G2: https://www.permira.com/portfolio/our-portfolio/g2/