Rachel Proffitt

Cooley advised Instacart, the leading grocery technology company in North America, on its $660 million initial public offering.

Cooley advised TPB Acquisition Corporation I, a special purpose acquisition company sponsored by The Production Board, in its business combination agreement that will result in Lavoro Limited, a leading agricultural inputs retailer in Latin America, becoming a US publicly listed company with an implied initial enterprise value of approximately $1.2 billion.

Cooley advised Motive, a leading automated operations platform for the physical economy, on its $150 million Series F financing round, bringing the company’s valuation to $2.85 billion. Lawyers Rachel Burns and Rachel Proffitt led the Cooley team advising Motive.

Cooley advised Blockdaemon, the world's largest blockchain infrastructure company for node management and staking, on its acquisition of Anyblock Analytics, an infrastructure platform providing API, on chain analytic tools, monitoring and node hosting services. Partner Rachel Proffitt led the Cooley team advising Blockdaemon.

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Cooley advised Cornerstone OnDemand, a publicly traded global leader in talent management software, on its agreement to sell to private equity firm Clearlake Capital Group. Lawyers Jamie Leigh, Ben Beerle, Rachel Proffitt and Matt Silverman led the Cooley team advising Cornerstone on the transaction, which has an enterprise value of approximately $5.2 billion.