Amount$2.3B
Post-money valuation$29.3B
SeriesSeries D
AnnouncedNov 13, 2025
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
Far above the typical Series D round (28.8× the median) — an outlier.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record 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 distribution99th pct
smaller Series D roundslarger
Post-money valuation99th pct
$65Mthis round: $29.3B$6B
