Amount$250M
Post-money valuation$1.8B
SeriesSeries A
AnnouncedJul 2, 2018
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series A round (22.7× the median) — an outlier.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
All-new money — no prior investors re-upped.
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 A rounds (995)
Round size distribution99th pct
smaller Series A roundslarger
Post-money valuation100th pct
$12Mthis round: $1.8B$1B
