Investment Summary

CapitalG Invests In Freshworks

On January 1, 2013, corporate investor CapitalG invested in internet software and services company Freshworks

Investment Highlights
  • This is CapitalG’s 5th transaction in the Internet Software and Services sector.
  • This is CapitalG’s 5th transaction in the United States.
  • This is CapitalG’s 3rd transaction in California.
Investment Fate
  • Freshworks went public in 2021.
  • Freshworks was sold to a financial buyer in 2022.

Investment Summary

Date 2013-01-01
Target Freshworks
Sector Internet Software and Services
Investor(s) CapitalG
Deal Type Venture

Target

Freshworks

San Mateo, California, United States
Freshworks provides customer engagement software to businesses of all sizes, making it easy for customer support, sales and marketing professionals to communicate more effectively with customers and deliver moments of wow. Freshworks was founded in 2010 and is based in San Mateo, California.

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Investor(S) 1

Investor

CapitalG

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Corporate Investor
Founded 2013
PE ASSETS 3.0B USD
Size Large
Type Sector Focused
DESCRIPTION

CapitalG is the growth equity and direct investment arm of Alphabet, Inc. CapitalG invests in emerging tech-enabled service companies and assists with providing tactical advice across key functional areas such as engineering, product, sales, and marketing. CapitalG was formerly known as Google Capital. The Unit was formed in 2013 and is based in San Francisco, California.


DEAL STATS #
Overall 6 of 35
Sector: Internet Software and Services M&A 5 of 18
Type: Venture M&A Deals 4 of 26
State: California M&A 3 of 15
Country: United States M&A 5 of 30
Year: 2013 M&A 2 of 4
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DATE TARGET DEAL TYPE VALUE
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