Quick home services startup Pronto recently closed its $25 million Series B round led by Epiq Capital. While the company’s post-money valuation more than doubled to $100 million, its sole founder’s stake diluted to below 40% following the round, which was also joined by existing investors.
This is the company’s second fundraise in six months, after it raised an $11 million Series A round led by General Catalyst in August last year.
Unlike most companies that avoid disclosing valuation details, Pronto revealed both the round size and valuation….
