Workplace wellness start-up Sonder raises $16 million in Series B extension round
Workplace wellness technology start-up Sonder has secured an additional $16 million from investors in a Series B extension round, according to reports. SEEK Growth Fund led the round, with participation from existing investors including venture capital firm Blackbird, Saniel Ventures, and angel investor Scott Bailey. Sonder, which offers wellness solutions for the workplace, is now valued at $235 million. The funding will be used to support the company’s expansion in Australia, New Zealand, and the UK.
Sonder, a workplace wellness technology start-up, has raised $16 million in a Series B extension round, exceeding expectations for the funding round. The round, led by SEEK Growth Fund, attracted participation from existing investors such as Blackbird and Saniel Ventures. The company, which offers wellness solutions for workplaces, now boasts a pre-money valuation of $235 million. Sonder plans to utilize the funding to fuel its expansion in Australia, New Zealand, and the UK, where it sees significant potential for growth.
Workplace wellness technology start-up Sonder has achieved an impressive valuation of $235 million following a successful Series B extension round. The round, led by SEEK Growth Fund and joined by existing investors including Blackbird and Saniel Ventures, raised $16 million. Sonder offers innovative wellness solutions for the workplace and plans to utilize the funding to accelerate its growth in Australia, New Zealand, and the UK. The company’s co-founder, Craig Cowdrey, declined to comment on the post-Series B raise valuation.
Workplace wellness start-up Sonder has raised $16 million in a recent funding round, enabling the company to continue its rapid expansion. Led by SEEK Growth Fund, the round saw participation from existing investors Blackbird and Saniel Ventures, among others. Sonder, which offers wellness technology solutions for workplaces, now has a pre-money valuation of $235 million. The funding will be used to support the company’s expansion in Australia, New Zealand, and the UK, where it aims to establish a strong foothold in the market.
Sonder, a workplace wellness technology start-up, has secured $16 million in a Series B extension round, positioning the company for continued growth. SEEK Growth Fund led the round, with participation from Blackbird, Saniel Ventures, and other investors. Sonder’s valuation has now reached $235 million, reflecting the company’s success in offering innovative wellness solutions for workplaces. The funding will be used to drive expansion in Australia, New Zealand, and the UK—the markets where Sonder sees significant opportunities. Despite the challenging investment landscape, Sonder remains confident in its growth prospects and is actively scaling its operations and entering new markets.
Analyst comment
Positive news: Workplace wellness start-up Sonder has raised $16 million in a Series B extension round, surpassing expectations. The funding, led by SEEK Growth Fund, will support the company’s expansion in Australia, New Zealand, and the UK. Sonder now has a valuation of $235 million.
As an analyst, I predict that with this additional funding, Sonder will be able to accelerate its expansion plans and establish a strong presence in the Australian, New Zealand, and UK markets. This will likely lead to increased adoption of its wellness solutions for workplaces and contribute to its overall growth trajectory.
