Amount$4.5B
Post-money valuation$4.5B
SeriesSeries C
AnnouncedFeb 1, 2023
SectorArtificial Intelligence
Sub-sectorLarge Language Model (LLM)
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series C round (100.0× the median) — an outlier.
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
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 C rounds (999)
Round size distribution100th pct
smaller Series C roundslarger
Post-money valuation96th pct
$29Mthis round: $4.5B$3B
vs. Artificial Intelligence (650)
Round size in sector99th pct
$20Kthis round: $4.5B$75M
