Amount$200M
Post-money valuation$1.5B
SeriesSeries D
AnnouncedAug 26, 2025
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series D round (2.5×).
Syndicate size
2 investors on the cap table.
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. Series D rounds (1,000)
Round size distribution81th pct
smaller Series D roundslarger
Post-money valuation52th pct
$65Mthis round: $1.5B$6B
