Amount$77M
Post-money valuation$500M
SeriesSeries B
AnnouncedJul 28, 2021
SectorEnterprise, AIOps, Information Technology (IT)
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series B round (2.8×).
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor re-upped — insiders doubling down.
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 B rounds (996)
Round size distribution82th pct
smaller Series B roundslarger
Post-money valuation39th pct
$35Mthis round: $500M$2.6B
