Amount$50M
AnnouncedJan 1, 2024
Revenue multiple0.1×
Valuation step-up0.0×
Time since last round143 mo
Solid
A solid round with healthy fundamentals.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Valuation step-up
Down round (0.0× prior valuation).
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
