Amount$500M
Post-money valuation$1.7B
SeriesSeries E
AnnouncedJan 29, 2019
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series E round (4.3× the median) — an outlier.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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 E rounds (478)
Round size distribution91th pct
smaller Series E roundslarger
Post-money valuation42th pct
$103Mthis round: $1.7B$10.2B
