Amount$70M
Post-money valuation$1.1B
SeriesSecondary Transaction
AnnouncedOct 6, 2023
Revenue multiple11.0×
Time since last round624 mo
SectorEnterprise, Cyber Security, Fraud, Transactions
Sub-sectorMachine Learning, Deep Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Secondary Transaction round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Secondary Transaction rounds (26)
Round size distribution42th pct
smaller Secondary Transaction roundslarger
Post-money valuation29th pct
$33Mthis round: $1.1B$2.6B
vs. Enterprise, Cyber Security, Fraud, Transactions (8)
Round size in sector88th pct
$600Kthis round: $70M$70M
