Amount$3.5B
Post-money valuation$61.5B
SeriesSeries D
AnnouncedMar 1, 2025
SectorArtificial Intelligence
Sub-sectorConversational AI
RegionUSA
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series D round (43.8× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution100th pct
smaller Series D roundslarger
Post-money valuation100th pct
$65Mthis round: $61.5B$6B
vs. Artificial Intelligence (650)
Round size in sector99th pct
$20Kthis round: $3.5B$75M
