Amount$19M
Post-money valuation$150M
SeriesSeries A
AnnouncedJul 24, 2020
SectorBlockchain, NFT, Crypto
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Single investor — limited external validation.
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. Series A rounds (995)
Round size distribution65th pct
smaller Series A roundslarger
Post-money valuation43th pct
$12Mthis round: $150M$1B
vs. Blockchain, NFT, Crypto (6)
Round size in sector17th pct
$19Mthis round: $19M$400M
