Stocks

Say Hello To The Billion Dollar Shave Club

Say Hello To The Billion Dollar Shave Club by Mikey Tom, PitchBook

Dollar Shave Club has reached an agreement to be acquired by Unilever (LON: ULVR) for a reported $1 billion in cash. Perhaps best-known for its comical television commercials, DSC had raised about $164 million in venture capital since launching in 2012. Its most recent round—a $90.7 million Series D in November—valued the company at $630 million. Fair to say, this billion-dollar acquisition will make Dollar Shave Club’s investors quite happy.

In the graph below, we highlighted the company’s financing history to visualize the build-up to this blockbuster deal. We also calculated the multiple on invested capital (MOIC) for each financing to give an idea of how investors fared.

Dollar Shave Club

Dollar Shave Club

Seed-round participants will obviously be most happy, as they achieved an astounding 49.69x return on their investment. Those firms include Forerunner Ventures, Kleiner Perkins Caufield & Byers, Andreessen Horowitz, Shasta Ventures, Felicis Ventures, White Star Capital, Science and Cowboy Ventures. Venrock is another big winner after having led DSC’s Series A and B rounds.

Multiple On Invested Capital (MOIC) per deal

Dollar Shave Club

Check out Dollar Shave Club’s public profile for other key details on the company’s management, board members and more.