Amount$200M
SeriesSeries E
AnnouncedApr 14, 2021
SectorBIO + LIFE SCIENCES
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series E round.
Syndicate size
Party round (12 investors) — diffuse ownership and signal.
Insider conviction
9 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 distribution71th pct
smaller Series E roundslarger
vs. BIO + LIFE SCIENCES (25)
Round size in sector96th pct
$300Kthis round: $200M$100M
