Amount$201M
Post-money valuation$2.3B
SeriesSeries C
AnnouncedNov 11, 2011
SectorBattery, Electric Vehicle (EV), Charging
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series C round (4.5× the median) — an outlier.
Syndicate size
8 investors on the cap table.
Insider conviction
5 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 C rounds (999)
Round size distribution94th pct
smaller Series C roundslarger
Post-money valuation88th pct
$29Mthis round: $2.3B$3B
vs. Battery, Electric Vehicle (EV), Charging (5)
Round size in sector80th pct
$50Mthis round: $201M$350M
Better Place Series C — Better Place