Amount$651M
Post-money valuation$4.6B
SeriesIPO
AnnouncedDec 9, 2020
SectorArtificial Intelligence
Sub-sectorEnterprise AI
RegionUnited States
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical IPO round (3.8×).
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
All-new money — no prior investors re-upped.
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. Artificial Intelligence (650)
Round size in sector96th pct
$20Kthis round: $651M$75M
