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Mixpanel Funding Rounds & Valuation History (2012–2021)

Private Valuation & Funding Round Tracker · Mixpanel

Mixpanel funding rounds & valuation history

Mixpanel, the San Francisco product-analytics company. Funding from the Series A (May 2012) to the Series C (Nov 2021), sourced to Bain Capital and TechCrunch.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal
Last closed round Closed
$1.05B
$200M Series C, Nov 2021
Raised in rounds listed
$275.2M
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
$200M
Series C, Nov 2021
Closed rounds listed
3
May 2012 to Nov 2021

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 3 of 3 rows
Mixpanel funding rounds, May 2012 to Nov 2021
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series CSeven years after the Series B. Bain says $277M invested to date.
$200M
Bain Capital Tech Opportunities
$1.05BValuation as stated by Bain Capital; pre/post not specified1.21× vs prior closed
—Not disclosedNo run-rate stated in the announcement
Closed round
Series B
$65M
Andreessen Horowitz
$865MPost-money (CEO: "the valuation includes the new cash")
—Not disclosedNo run-rate stated in the announcement
Closed round
Series A
$10.25M
Andreessen HorowitzWith: Max Levchin, Salesforce and others
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Valuation at each closed round

Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.

Sources: Bain Capital, TechCrunch. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 10 May 2012 · Closed

    Series A: $10.25M led by Andreessen Horowitz.

  2. 18 Dec 2014 · Closed

    Series B: $65M at $865M led by Andreessen Horowitz.

  3. 16 Nov 2021 · Closed

    Series C: $200M at $1.05B led by Bain Capital Tech Opportunities.

Still private: Mixpanel has not filed for an IPO and has not been acquired (checked 13 Nov 2026). In Oct 2025 it bought DoubleLoop.

Cite this dataset

Free to quote with a link back. Copy this citation:

Mixpanel Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/mixpanel/

Download the data

The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
mixpanel-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/mixpanel-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Seed: $1.75M from Sequoia Capital, Keith Rabois, Max Levchin and Michael Birch (TechCrunch, May 2012), left out because no close date was given. Secondary sales and debt.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (batch 4, not yet published).

Sources

  1. Bain Capital: Product Analytics Leader Mixpanel Secures $200 Million Growth Investment, 16 Nov 2021
  2. TechCrunch: Seven years after last venture investment, Mixpanel scores $200M Series C, 16 Nov 2021
  3. TechCrunch: Mobile Analytics Company Mixpanel Raises $65M Round With An $865M Valuation, 18 Dec 2014
  4. TechCrunch: Mixpanel Raises $10.25M Led By Andreessen Horowitz, 10 May 2012