Amount$34M
Post-money valuation$323M
SeriesSeries C
AnnouncedDec 8, 2020
Revenue multiple16.1×
Time since last round285 mo
SectorFintech, Cyber Security, Insurance, Cyber Risk, Claims, Underwriting
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
7 investors on the cap table.
Insider conviction
7 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 C rounds (999)
Round size distribution35th pct
smaller Series C roundslarger
Post-money valuation13th pct
$29Mthis round: $323M$3B
vs. Fintech, Cyber Security, Insurance, Cyber Risk, Claims, Underwriting (6)
Round size in sector83th pct
$6Mthis round: $34M$34M
