This is the EquityBee pitch deck to raise a $20m series-a in 2021.
About
EquityBee helps startup employees get the money they need to exercise their stock options before they expire. Their platform links employees with investors to provide option-holders the funding they need to exercise their options and unlock the value of their equity. It was founded in 2018 and headquartered in Palo Alto, California.
Before starting his company EquityBee, Oren Barzilai sold his first startup to GrubHub for $150 million. The deal could have made some employees into millionaires, but most of them missed out on big payouts, he said. That’s because they didn’t have the cash to buy their stock options, so they could then sell their shares at a higher price.
Barzilai tells Insider he decided then to start a company for helping startup workers exercise their stock options.
“They need to get their share of the pie to participate in the success of the company they helped build,” Barzilai said.
EquityBee is a service that matches startup employees who have stock options with investors who want to get in at private companies. The investors — mostly family offices, funds, and high net-worth-individuals — agree to advance the employees the cash to buy their shares and take a cut of the gains when the company goes public or has an exit.
The employee doesn’t need to start paying back the money until their company has a liquidity event, Barzilai said.
On February 23, EquityBee said it closed on $20 million in Series A funding, bringing the total amount it’s raised to $28 million. Group 11, a fintech-focused, early-stage venture firm based in Los Angeles, led the round, with participation from Battery Ventures, Zeev Ventures, and Icon Continuity Fund. The valuation was not disclosed.
Barzilai says the company will use the funds to grow its product offerings and hire across departments, doubling its staff from 34 employees in 2021. The company is spread across offices in Tel Aviv and Palo Alto, California.
Funding rounds
| Announced Date | Transaction Name | Number of Investors | Money Raised | Lead Investors |
| Feb 22, 2021 | Series A – EquityBee | 6 | $20M | Group 11 |
| Feb 11, 2020 | Seed Round – EquityBee | 7 | $6.6M | Group 11 |
| Sep 12, 2018 | Pre Seed Round – EquityBee | 4 | $1.7M | Adam Neumann |
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I found the EquityBee pitch deck post to be incredibly informative and well-structured. The use of data and statistics to support the company’s growth potential is impressive, and the emphasis on automation and AI is very intriguing. I think the proposed valuation of $20m series A is reasonable based on the information provided, and I’m excited to see how the company plans to use the funding to drive further growth.