Amount$1.5B
Post-money valuation$8.5B
SeriesSeries E
AnnouncedDec 1, 2022
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series E round (12.8× the median) — an outlier.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
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 E rounds (478)
Round size distribution96th pct
smaller Series E roundslarger
Post-money valuation90th pct
$103Mthis round: $8.5B$10.2B
