FinTech news in dragoneer investment group category

The investment marks SpotOn third raise in the past year alone and Dragoneer’s sixth time investing in the company over a three-year period. For context, SpotOn’s Series E raise at a $3.15 billion valuation was about 5x of its $625 million valuation at the time of its Series C round. It comes on the heels of a year in which the company says it saw 100% year-over-year ARR growth.