JumpCloud, Inc. announced that it has entered into series F preferred stock purchase agreement and will issue 33,396,230 series F preferred stock at a price of $5.9887 per share for the gross proceeds of $200,000,002.601 on September 3, 2021. The shares carry non-cumulative, and participating fixed dividend rate of 6% per annum per share. The shares will be convertible into common shares at a fixed conversion price of $5.9887 per share.

The round will be raised at a post-money valuation of $2,600,000,004. The company will issue securities pursuant to exemption provided under Regulation D.