Fundraising Fox

C3 IoT

NYSE: AIUnicorn · $3.9B

Redwood City, US · Delaware corporation · 2 known investors

Find your way into C3 IoT

1,392 people in our graph share verified history with the C3 IoT team — schools, employers, funds. One of them is your warm intro.

Chris Bischoffunlockedknows Paul Phillips · together at Goldman Sachs (overlapped)
knows the team · via McKinsey & Company
×4knows the team · via Banc of America Securities
×2knows the team · via Siebel Systems
knows the team · via Goldman Sachs
×3knows the team · via Amherst College

C3 AI develops a platform and suite of software products that help organizations build, deploy, and operate artificial intelligence applications across enterprise operations, asset management, supply chain, and other domains.

Founders & leadership

TMThomas M. Siebel
Thomas M. SiebelinFounderThomas M. Siebel founded C3 AI, where he serves as Chairman and CEO. He holds degrees from the University of Illinois at Urbana-Champaign, including a B.A. in History, M.B.A., and M.S. in Computer Science, and has authored multiple books on digital transformation.
PP
Paul PhillipsinExecutivePaul Phillips holds a BA from Amherst College and an MBA from Harvard Business School. He has spent his career in corporate finance and mergers and acquisitions within enterprise software, with expertise in financial modeling, M&A, investor relations, and corporate governance.
EA
Ed AbboinExecutive

Board

NR
Nehal RajinBoard directorInvestor at TPG
MG
Michael G. McCafferyBoard director
CR
Condoleeza RiceBoard director
SM
Stephen M. Ward, Jr.Board director
BS
Bruce SewellBoard director
SA
Spencer AbrahamBoard director
PH
Patricia HouseBoard director
SS
S. Shankar SastryBoard director
RC
Richard C. LevinBoard director

Investors · 2

The Rise FundreportedFort Worth
TPGreported · 2 sourcesSan Francisco

Reported raises · per SEC filings

Form D private placements

$385.9M disclosed across 6 rounds · 2016–2019

▶$51.8MraisedSep 2020 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas M. SiebelExecutive Officer, Director
  • Lorenzo SimonelliDirector
  • Richard C. LevinDirector
  • Bruce ClevelandExecutive Officer
  • Brady MickelsenExecutive Officer
  • Stephen M. Ward, Jr.Director
  • S. Shankar SastryDirector
  • Houman BehzadiExecutive Officer
  • Nehal RajDirector
  • Michael G. McCafferyDirector
  • Condoleezza RiceDirector
  • Marc LevineExecutive Officer
  • Edward Y. AbboExecutive Officer, Director
  • Patricia HouseDirector
  • Bruce SewellDirector
Offering amount
$51.9M
Amount sold
$51.8M
First sale
Feb 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$69.5MraisedSep 2020 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • S. Shankar SastryDirector
  • Patricia HouseDirector
  • Marc LevineExecutive Officer
  • Lorenzo SimonelliDirector
  • Michael G. McCafferyDirector
  • Richard C. LevinDirector
  • Thomas M. SiebelExecutive Officer, Director
  • Edward Y. AbboExecutive Officer, Director
  • Nehal RajDirector
  • Condoleezza RiceDirector
  • Stephen M. Ward, Jr.Director
  • Houman BehzadiExecutive Officer
  • Bruce SewellDirector
  • Brady MickelsenExecutive Officer
  • Bruce ClevelandExecutive Officer
Offering amount
$69.5M
Amount sold
$69.5M
First sale
Jun 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$50MraisedSep 2020 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brady MickelsenExecutive Officer
  • Condoleezza RiceDirector
  • Michael G. McCafferyDirector
  • Marc LevineExecutive Officer
  • Patricia HouseDirector
  • Lorenzo SimonelliDirector
  • Richard C. LevinDirector
  • Bruce ClevelandExecutive Officer
  • Thomas M. SiebelExecutive Officer, Director
  • Nehal RajDirector
  • S. Shankar SastryDirector
  • Bruce SewellDirector
  • Edward Y. AbboExecutive Officer, Director
  • Houman BehzadiExecutive Officer
  • Stephen M. Ward, Jr.Director
Offering amount
$50M
Amount sold
$50M
First sale
Aug 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$97MraisedMar 2018 · 89 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Condoleeza RiceDirector
  • Thomas M. SiebelExecutive Officer, Director
  • Paul PhillipsExecutive Officer
  • Stephen M. Ward, Jr.Director
  • Nehal RajDirector
  • Bruce SewellDirector
  • Michael G. McCafferyDirector
  • Spencer AbrahamDirector
  • Patricia HouseDirector
  • S. Shankar SastryDirector
  • Richard C. LevinDirector
  • Ed AbboExecutive Officer, Director
Offering amount
$97M
Amount sold
$97M
First sale
Aug 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$105.9MraisedMar 2018 · 14 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Bruce SewellDirector
  • Patricia HouseDirector
  • Michael G. McCafferyDirector
  • Richard C. LevinDirector
  • Stephen M. Ward, Jr.Director
  • Nehal RajDirector
  • Spencer AbrahamDirector
  • Thomas M. SiebelExecutive Officer, Director
  • Paul PhillipsExecutive Officer
  • Condoleeza RiceDirector
  • S. Shankar SastryDirector
  • Ed AbboExecutive Officer, Director
Offering amount
$139.5M
Amount sold
$105.9M
First sale
Jan 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$11.8MraisedMar 2018 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas M. SiebelExecutive Officer, Director
  • Paul PhillipsExecutive Officer
  • Bruce SewellDirector
  • Condoleeza RiceDirector
  • S. Shankar SastryDirector
  • Patricia HouseDirector
  • Michael G. McCafferyDirector
  • Stephen M. Ward, Jr.Director
  • Ed AbboExecutive Officer, Director
  • Nehal RajDirector
  • Richard C. LevinDirector
  • Spencer AbrahamDirector
Offering amount
$11.8M
Amount sold
$11.8M
First sale
Mar 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$3.9Bvaluation at IPODec 2020 · $42.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2020$743.1K
U.S. Air ForceAir ForcePhase I2019$47.2K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Billion Dollar Unicorns: Will C3 IoT Look to Acquire a few Indian Startups? - Sramana Mitrasramanamitra.com · Apr 2018PaaS enterprise software provider C3 IoT raises $100 millionrtinsights.com · Jan 2018Billionaire Thomas Siebel’s startup C3 IoT raises $100M in new funding - SiliconANGLEsiliconangle.com · Jan 2018PYMNTS | C3 IoT Sees The Fourth IT Revolution — C3 IoT Predicts An IT Revolutionpymnts.com · Sep 2016Tech Billionaire’s Data Startup C3 IoT Raises $70Mbloomberg.com · Sep 2016Tech Billionaire’s Data Startup C3 IoT Raises $70 Million - Bloombergbloomberg.com · Sep 2016C3 IoT Raises $100 Million | TPGtpg.com

Frequently asked questions

What does C3 IoT do?
C3 AI develops a platform and suite of software products that help organizations build, deploy, and operate artificial intelligence applications across enterprise operations, asset management, supply chain, and other domains.
Who founded C3 IoT?
C3 IoT was founded by Thomas M. Siebel.
Who are C3 IoT's investors?
C3 IoT's investors include The Rise Fund, TPG.
How much funding has C3 IoT raised?
C3 IoT has disclosed $385.9M raised across 6 rounds.
Where is C3 IoT headquartered?
C3 IoT is headquartered in Redwood City, US.