DocuSign Valued at $3bn, Blue Apron Valued at $2bn

DocuSign, the digital signature software company, raised $233m at a $3bn valuation.  This round – which brings total capital to over $440bn – is almost double the $1.6bn valuation DocuSign took in March 2014.  Brookside Capital led the round and was joined by Generation Investment Management, ClearBridge Investments, Iconiq Capital, Wasatch Advisors, Wellington Management, and Sands Capital Ventures.  Existing investors in Docusign include strategic funds such as Google Ventures, SAP Ventures, VISA, Salesforce, Samsung Venture Investment Corp., Telstra and Comcast.

Blue Apron, a meal-kit delivery startup, is reportedly in talks to raise money at a valuation of ~$2bn.  The company – which raised $50m in April 2014 at a $500m valuation – is seeking to raise more than $100m from investors.  Fidelity is rumored to be participating in the round.  Existing investors in Blue Apron include Bessemer Venture Partners, First Round Capital, the Stripes Group and Box Group.

DocuSign and Blue Apron are members of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 106 companies organized by investment theme.