Amount$225M
Post-money valuation$1.7B
SeriesSeries D
AnnouncedJun 1, 2022
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series D round (2.8×).
Syndicate size
2 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 distribution82th pct
smaller Series D roundslarger
Post-money valuation57th pct
$65Mthis round: $1.7B$6B
