Amount$131M
Post-money valuation$1B
SeriesSeries A
AnnouncedMar 14, 2024
SectorArtificial Intelligence
Sub-sectorGenerative AI
RegionUnited States
Strong
A strong, well-structured round.
Round size vs peers
Far above the typical Series A round (11.9× the median) — an outlier.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 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 A rounds (995)
Round size distribution97th pct
smaller Series A roundslarger
Post-money valuation88th pct
$12Mthis round: $1B$1B
vs. Artificial Intelligence (650)
Round size in sector91th pct
$20Kthis round: $131M$75M
