Musely Secures $360M Non-Dilutive Funding from General Catalyst
Musely secured over $360m in non-dilutive capital from General Catalyst’s Customer Value Fund. The financing uses a revenue-share structure. Musely repays the funds through a capped percentage of revenue generated from the capital deployment. This arrangement allows the company to fund growth without issuing new equity shares.
Musely will use the capital to expand its customer acquisition efforts. The company reports consistent 50% year-over-year revenue growth. It has served more than 1.2 million patients. Musely has remained cash-flow positive and has not raised equity since 2014.
Key Takeaways
- Musely secured over $360 million from General Catalyst’s Customer Value Fund.techcrunch.cominspirepreneurmagazine.com
- The financing is non-dilutive and uses a capped revenue-share repayment model.techcrunch.com
- Funds will support sales, marketing, and technology expansion.inspirepreneurmagazine.com
- Musely reports 50% average annual revenue growth and over 1.2 million patients served.techcrunch.com
- The company has not raised equity capital since 2014.techcrunch.com
Affected Companies
Sources
Musely secures $360M from General Catalyst without giving up equity
TechCrunch
“Musely obtained over $360 million in capital through a revenue-share agreement that avoids equity dilution.”
Musely secures $360M non-dilutive telehealth deal
Inspirepreneur Magazine
“The non-dilutive structure allows Musely to expand its technology and patient services without issuing new shares.”