Amount$100M
Post-money valuation$1.1B
AnnouncedOct 1, 2018
Time since last round4 mo
Mixed
A mixed round — some signals are off the norm.
Syndicate size
Party round (30 investors) — diffuse ownership and signal.
Insider conviction
30 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
