Amount$25M
Post-money valuation$100M
SeriesSeries C
AnnouncedJan 16, 2019
SectorDelivery, Transport and Logistics, Mobility
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
8 investors on the cap table.
Insider conviction
8 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.
vs. Series C rounds (999)
Round size distribution25th pct
smaller Series C roundslarger
Post-money valuation2th pct
$29Mthis round: $100M$3B
vs. Delivery, Transport and Logistics, Mobility (5)
Round size in sector60th pct
$5Mthis round: $25M$30M
