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.
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.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
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 |
$10.25M |
Andreessen HorowitzWith: Max Levchin, Salesforce and others |
Not disclosedNo company valuation stated by the source |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.
Sources: Bain Capital, TechCrunch. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 10 May 2012 · Closed
Series A: $10.25M led by Andreessen Horowitz.
- 18 Dec 2014 · Closed
Series B: $65M at $865M led by Andreessen Horowitz.
- 16 Nov 2021 · Closed
Series C: $200M at $1.05B led by Bain Capital Tech Opportunities.
Cite this dataset
Free to quote with a link back. Copy this citation:
Mixpanel Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/mixpanel/
Download the data
The same 3 rows as the table: numeric US$ 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)
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
- Bain Capital: Product Analytics Leader Mixpanel Secures $200 Million Growth Investment, 16 Nov 2021
- TechCrunch: Seven years after last venture investment, Mixpanel scores $200M Series C, 16 Nov 2021
- TechCrunch: Mobile Analytics Company Mixpanel Raises $65M Round With An $865M Valuation, 18 Dec 2014
- TechCrunch: Mixpanel Raises $10.25M Led By Andreessen Horowitz, 10 May 2012