Amount$150M
Post-money valuation$2.3B
SeriesSeries D
AnnouncedJul 28, 2021
SectorSearch Technology
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
7 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution73th pct
smaller Series D roundslarger
Post-money valuation65th pct
$65Mthis round: $2.3B$6B
vs. Search Technology (9)
Round size in sector100th pct
$120Kthis round: $150M$110M