Amount$100M
Post-money valuation$2.5B
SeriesSeries F
AnnouncedMar 6, 2024
SectorEnterprise, Cyber Security, IoT, Industrial, Healthcare, IIoT
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series F round.
Syndicate size
7 investors on the cap table.
Insider conviction
7 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 F rounds (257)
Round size distribution37th pct
smaller Series F roundslarger
Post-money valuation39th pct
$200Mthis round: $2.5B$15B
vs. Enterprise, Cyber Security, IoT, Industrial, Healthcare, IIoT (5)
Round size in sector60th pct
$32Mthis round: $100M$140M
