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Browserbase Secures $40 Mil...

Updated Jun 17, 2025

Browserbase Secures $40 Million In Series B Round Led By Notable Capital With CRV And Kleiner Perkins
RAISERaise

Browserbase Secures $40 Million In Series B Round Led By Notable Capital With CRV And Kleiner Perkins

Building Size

—

Asset Type

—

Closing

Jun 16, 2025

About this deal

AI

Browserbase has raised $40 million in a Series B round led by Notable Capital, with participation from existing investors CRV and Kleiner Perkins. The funding coincides with the launch of Director, a no-code tool that enables non-developers to build browser automations, reinforcing Browserbase’s mission to be the infrastructure layer for agentic software.

Summary of transaction details:

  • Deal Type: Series B
  • Transaction Amount: $40,000,000
  • Total Raised: $67,500,000
  • Valuation: $300,000,000
  • Founder: Paul Klein IV
  • Notable Investors: Notable Capital, CRV, Kleiner Perkins, Patrick Collison, Jeff Lawson & Aaron Levie

Since its founding just 14 months ago, Browserbase has supported over 50 million browser sessions and now powers automation for more than 1,000 companies, including Perplexity, Vercel, and Customer.io. Paul Klein IV serves as the solo founder and CEO, steering the company's strategic direction in the tech automation space.

Players

Kleiner Perkins

Lender

11 deals

Lender

Market CRE Market Snapshot

Boundary boundary · CRE · Raise transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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