Influencer marketing app Tribe announces $5m capital raise
Influencer marketing app Tribe is set to raise $5m on a pre-money valuation of $15m.
The announcement:
Influencer marketing app, TRIBE, today announced it will be raising $5M on a pre-money valuation of $15M. The tech start-up is seeking new private capital from a combination of strategic investors, family offices and small to mid-market funds.
15x revenues val.. Steep. I guess it could be worse and be 45x revenue.
This is w great idea.