Amount$60M
Post-money valuation$630M
SeriesSeries B
AnnouncedFeb 9, 2022
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series B round (2.1×).
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 B rounds (996)
Round size distribution76th pct
smaller Series B roundslarger
Post-money valuation44th pct
$35Mthis round: $630M$2.6B
