Amount$180M
Post-money valuation$1B
SeriesSeries E
AnnouncedOct 26, 2021
Revenue multiple71.4×
Time since last round542 mo
SectorIndustrial, Maintenance, IoT, IIoT, Acoustic, Ultrasonic, Sensor, Digital Twin
Sub-sectorMachine Learning, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series E round.
Syndicate size
8 investors on the cap table.
Insider conviction
6 existing investors 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 E rounds (478)
Round size distribution65th pct
smaller Series E roundslarger
Post-money valuation21th pct
$103Mthis round: $1B$10.2B
vs. Industrial, Maintenance, IoT, IIoT, Acoustic, Ultrasonic, Sensor, Digital Twin (8)
Round size in sector100th pct
$2Mthis round: $180M$75M
