Amount$99M
Post-money valuation$2.6B
SeriesSeries E
AnnouncedMar 5, 2024
SectorCyber Security, Policy Management, Enterprise, Information Technology (IT)
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series E round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 E rounds (478)
Round size distribution34th pct
smaller Series E roundslarger
Post-money valuation58th pct
$103Mthis round: $2.6B$10.2B
vs. Cyber Security, Policy Management, Enterprise, Information Technology (IT) (8)
Round size in sector63th pct
$4Mthis round: $99M$200M
