Groupon has filed for a Series G funding round that authorizes it to raise up to $950 million on December 17. The new round of funding comes just weeks Groupon rejected a $6B offer from Google.
According to VC Expert, Groupon filed for a certificate to authorize the Series G round last week. If the report is accurate, Groupon’s post-money valuation would be somewhere between $6.4 billion to $7.8 billion. It’s not clear who is participating in the round, nor is it clear how far along Groupon is in the fundraising process. However, today’s news lays the groundwork for what could be one of the biggest venture capital rounds in history.