Amount$450M
Post-money valuation$4.6B
SeriesSeries D
AnnouncedJun 1, 2021
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series D round (5.6× the median) — an outlier.
Syndicate size
8 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
A mix of established and emerging investors.
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 distribution93th pct
smaller Series D roundslarger
Post-money valuation85th pct
$65Mthis round: $4.6B$6B
