Companies · Media & Content

Fastly, Inc.

SAN FRANCISCO · Media & Content · refined from filed group “Other Technology · https://www.fastly.com/

Diligence memoA one-page analyst read on Fastly, Inc. — recommendation, valuation, rhythm, risks.
$776.3M
Total raised · real
8
Rounds
13.9×
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Thu Oct 01 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Fastly, Inc. has raised $776M over 8 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the media sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 5.7 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Media & Content

Fastly, Inc. is one of 1052 Media & Content companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Fastly's edge cloud platform delivers faster, safer, and more scalable sites and apps to customers. Elevate your edge CDN, video delivery, security, and more.

Fastly's edge cloud platform delivers faster, safer, and more scalable sites and apps to customers. Elevate your edge CDN, video delivery, security, and more. We built our network with intention. By design, we run fewer POPs than our competitors, but they’re much more powerful so we can cache more and serve it faster. Our network is fully software defined. We can do anything, and do it faster. Everybody needs speed, reliability, security, savings, and scale – but different industries have different needs. Fastly’s powerful network and smarter solutions can be tailored to your organization. We partner with you to guarantee a smooth migration, so you can deliver the best possible user experiences. You’re always open for business with Fastly. We handle the crowds and load-balancing so no one is turned away. Your customers will always see accurate information with real-time updates, and all of it is protected from DDoS, bots, and other threats. Fastly gives every viewer around the world a better experience on our modern network. Instant scaling with lower latency live streaming, lets you reliably deliver engaging entertainment experiences in real-time. Great hospitality starts at your

hospitalitymedia/content
Find Powering the best of the internet online

Trades publicly as Powering the best of the internet.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
54
Investors (latest)
2020-10-01
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5B$5.0B$7.5B$10.0BSeed · 2011-03-25 Raised $1.2M (real) Modeled valuation $20M (est)Seed2011Seed · 2012-05-31 Raised $1.1M (real) Modeled valuation $18M (est)Seed2012Series A · 2013-02-26 Raised $11M (real) Modeled valuation $153M (est)Series A2013Series C · 2014-05-14 Raised $42M (real) Modeled valuation $641M (est)Series C2014Series C · 2015-07-24 Raised $75M (real) Modeled valuation $1.2B (est)Series C2015Series C · 2017-04-24 Raised $50M (real) Modeled valuation $772M (est)Series C2017Series C · 2018-06-29 Raised $40M (real) Modeled valuation $617M (est)Series C2018Growth/Late · 2020-10-01 Raised $556M (real) Modeled valuation $8.6B (est)Growth/Late2020+$1.1M+$11M+$42M+$75M+$50M+$40M+$556MCumulative $776M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.2M · 2011
Seed extension$1.1M · 2012
Series A$11.3M · 2013
Series C$41.5M · 2014no Series B on file
Series C extension$75.0M · 2015
Series C extension$50.0M · 2017
Series C extension$40.0M · 2018
Growth/Late$556.3M · 2020no Series D+ on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series B, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 57%.

Modeled valuation trajectory
$8.6B
Base estimate est.
$3.9B
Conservative case
$15.2B
Upside case
$5.6B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the media sector profile. Directional, not a quoted figure.

Seed · modeled $20.1M · 2011-03-252011Seed · modeled $17.6M · 2012-05-31Series A · modeled $153.4M · 2013-02-26Series C · modeled $640.8M · 2014-05-14Series C · modeled $1.2B · 2015-07-24Series C · modeled $771.6M · 2017-04-24Series C · modeled $617.3M · 2018-06-29Growth/Late · modeled $8.6B · 2020-10-012020
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
81%
Survival probability
70% low · 87% high
1.12×/yr
Annual markup
1.22×/yr upside case
5.8 yr
Elapsed time used
5.8 yr actual, capped for stale marks
media
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$81.5M/yr
Capital velocity
15.3 yr
On record since
2011
First round
8
Rounds on file
How it compares to the market

Benchmarked against 1052 companies in Media & Content. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 351× above median
This company$776.3M
Sector median$2.2M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 1.0× above median
This company$556.3M
Sector median$548.0M
Modeled value — vs sector median (estimate, all stages) 518× above median
This company$8.6B
Sector median$16.7M

Raised more than 100% of sector peers (real $). Modeled value above 100% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$100.0B$100.0M$1.0B$10.0BCapital raised (log)Clear Vision Music LLC · Growth/Late Raised $2.1B · modeled $24.0B (est)Renaissance Media Productions · Growth/Late Raised $1.0B · modeled $14.0B (est)Recall Studios, Inc. · Growth/Late Raised $563.7M · modeled $126.8M (est)Fastly, Inc. (this company) Raised $776.3M · modeled $8.6B (est)Fastly, Inc.
CompanyStageRaised · realValue · estvs peer med.
Clear Vision Music LLCGrowth/Late$2.1B$24.0B2.12×
Renaissance Media ProductionsGrowth/Late$1.0B$14.0B1.24×
Fastly, Inc. this companyGrowth/Late$776.3M$8.6B0.76×
Recall Studios, Inc.Growth/Late$563.7M$126.8M0.01×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.2M2011-03-25$6.0M$20.1M85%
Seed$1.1M2012-05-31$5.3M$17.6M85%
Series A$11.3M2013-02-26$51.2M$153.4M85%
Series C$41.5M2014-05-14$276.8M$640.8M85%
Series C$75.0M2015-07-24$500.0M$1.2B85%
Series C$50.0M2017-04-24$333.3M$771.6M90%
Series C$40.0M2018-06-29$266.7M$617.3M90%
Growth/Late$556.3M2020-10-01$5.6B$8.6B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.2M2011-03-25
    • First recorded raise — entered as Seed.
    • 3 investors on this round.
  2. Seed$1.1M2012-05-31
    • Raised 14 mo later, in step with the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
  3. Series A$11.3M2013-02-26
    • Raised 9 mo later, in step with the ~12 mo sector norm.
    • Round 10.7× larger than the prior — scaling up.
    • 4 investors on this round.
  4. Series C$41.5M2014-05-14
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round 3.7× larger than the prior — scaling up.
    • 9 investors on this round.
  5. Series C$75.0M2015-07-24
    • Raised 14 mo later, in step with the ~12 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 12 investors on this round.
  6. Series C$50.0M2017-04-24
    • Raised again after 21 mo — slower than the ~12 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 13 investors on this round.
  7. Series C$40.0M2018-06-29
    • Raised 14 mo later, in step with the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
  8. Growth/Late$556.3M2020-10-01
    • Raised again after 27 mo — slower than the ~12 mo sector norm.
    • Round 13.9× larger than the prior — scaling up.
    • 54 investors on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~16mo cadence
$1.7B
Modeled next size est.range $1.1B$2.7B
13.9×
Last step-up
$81.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
SUNIL DHALIWAL9 other2011-03
David Hornik7 other2013-02
Gil Penchina3 other2011-03
Adriel Lares2 other2017-04
Aida D. Alvarez2020-10
Artur Bergman2011-03
Christopher B. D. Paisley2020-10
Dan D. Miller2015-07
David D. Hornik2011-03
Joshua D. Bixby2017-04
Kelly D. Wright2018-06
Paul D. Luongo2011-03
Tyler McMullen2011-03
William Kaufmann2011-03
Wolfgang D. Maasberg2017-04
Registry & provenance

Fastly, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1517413
SEC CIK
Recent activityActive

Discovered from fastly — the partnerships, launches, hiring and press it publishes about itself. Evidence the company is alive and what it is doing now, not financial data.

Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Renaissance Media ProductionsMedia & ContentGrowth/Late$1.0B$14.0Bsame sector · same stage
Group Nine Media, Inc.Media & ContentGrowth/Late$585.0M$9.4Bsame sector · same stage
Recall Studios, Inc.Media & ContentGrowth/Late$563.7M$126.8Msame sector · same stage
PressPage Entertainment IncMedia & ContentGrowth/Late$500.0M$6.1Bsame sector · same stage
Northside Entertainment Holdings, LLCMedia & ContentSeries D+$515.9M$761.0Msame sector
Veeam Software Holding Inc.Media & ContentSeries D+$407.3M$79.2Msame sector
Lawyers Entertainment Consortium, LPMedia & ContentSeries D+$300.0M$2.2Bsame sector
Pandora Media, Inc.Media & ContentSeries D+$290.4M$2.7Bsame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Fast Pathway, Inc.Other TechnologyPre-Seed$22.4M74%
Peer5
P2P delivery network that enables high quality video streaming
Media & Content74%
EdgeCloudLink Inc.Other TechnologySeed$48.3M73%
Quicklly, Inc.Other TechnologySeed$32.2M73%
Fast Studios LLCMedia & ContentSeed$16.2M72%
Tokenly, Inc.Other TechnologySeries B$730.9M72%
PlayAbly
We build games to help brands engage, convert, and retain customers
Gaming72%
Fast Forward, Inc.Other TechnologySeed$888K71%
Frequently asked
How much funding has Fastly, Inc. raised?
Fastly, Inc. has raised approximately $776.3M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Fastly, Inc.'s estimated valuation?
Provath's modeled valuation for Fastly, Inc. is approximately $8.6B (modeled range $3.9B–$15.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Fastly, Inc. at?
Fastly, Inc.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Thu Oct 01.
What does Fastly, Inc. do and where is it based?
Fastly, Inc. operates in the Media & Content sector, based in SAN FRANCISCO. Fastly's edge cloud platform delivers faster, safer, and more scalable sites and apps to customers. Elevate your edge CDN, video delivery, security, and more.
Explore related

See where Fastly, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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