Amount$85M
Post-money valuation$3.2B
SeriesSeries E
AnnouncedOct 16, 2019
SectorDesign
RegionAustralia
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series E round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series E rounds (478)
Round size distribution32th pct
smaller Series E roundslarger
Post-money valuation63th pct
$103Mthis round: $3.2B$10.2B
