Amount$145M
Post-money valuation$320M
SeriesSeries C
AnnouncedApr 1, 2020
Revenue multiple14.9×
Valuation step-up3.2×
Time since last round624 mo
SectorEnterprise, Cyber Security, Fraud, Transactions
Sub-sectorMachine Learning, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (3.2×).
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
Healthy 3.2× valuation step-up.
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 distribution88th pct
smaller Series C roundslarger
Post-money valuation12th pct
$29Mthis round: $320M$3B
vs. Enterprise, Cyber Security, Fraud, Transactions (8)
Round size in sector100th pct
$600Kthis round: $145M$70M
