Skip to main content

The New Family Circle - 40 million families and counting

Country:
United States
USA state:
California
City:

San Francisco

Management:

Chris Hulls - Founder & CEO 
Alex Haro - Cofounder / President

Platforms Listed On:
Capital Type:

Equity

Investment Details:

There were 2 leads on the $1.2 million invested online via AngelList, one at $110k the other of $1.1 million. The AngelList company page states $50 million in funding, the total funded on the summary page in the search section states $74.15 million, and Forbes states $500k, or 1 percent was raised by AngelList.  Throughout the year Life360 was listed at $50 million on the company page. Even though a small percent was raised through AngelList it is the first time a business raised series C money online. Chris Hulls, Founder & CEO of Life360 shared his pleasure with his ability to extend his offering to Angels at the Harvard Business School Cyberposium 2014

This most recent round of funding is a $50m Series C led by ADT, the world's largest home security and automation company. The investment is tied to a commercial deal that will deeply incorporate Life360 into the ADT smart home, and Life360 will take over a significant portion of all ADT mobile development.

The first tranche, which ADT is leading with a $25m investment, is at a $175m pre-money valuation. $15m is open to existing and new investors beyond ADT. ADT is funding an additional $10m dollars when the commercial integration is completed. The last $10m will be at a floating valuation of $40 X MAU. 

AngelList has a total of $74,150,000 raised in their summary view which is in line with Crunchbase, but it is over 8 rounds of funding only one of which AngelList was part of.

Raised to Date through Platform:
$1,200,000
Full Round Raised to Date:
$50,000,000.00

Additional Insights on the offerings

Solutions for real time market analysis to improve your investment decisions leveraging artificial intelligence, data visualization, machine learning, financial modeling, and predictive analytics. Understand trends, sector and geographic performance.

Title Summary Starting Monthly Price
CB Insights Fund and company financial performance and analysis. CB Insights offers insights through a private company financing and angel investment database.… $4558.00
Pitchbook Known for detailed deal terms and VC vitals. Gain insight from VC, PE and M&A data with the PitchBook Platform. Based in Seattle, PitchBook was… $1500.00
Sentieo Full global coverage of company fundamentals in all international geographies with data from 50k+ global tickers on all major exchanges. Find… $150.00
Platform Rating

No votes have been submitted yet.

8 votes with an average rating of 3.4.

2 votes with an average rating of 0.5.

No votes have been submitted yet.

3 votes with an average rating of 4.

No votes have been submitted yet.

2 votes with an average rating of 4.

5 votes with an average rating of 3.