Claret Capital Partners portfolio company – Berlin’s Razor Group has now raised $125 million of equity funding in a Series B round that CEO and co-founder Tushar Ahluwalia said pushes the company past a $1 billion valuation.
This Series B is an all-equity round — the equity aspect being a contrast to a lot of the raises made by startups in the same business as Razor’s, including a $400 million round Razor itself raised in March of this year, which was $375 million of debt for acquisitions, and $25 million in equity.