Amount$150M
Post-money valuation$1.3B
SeriesSeries C
AnnouncedAug 29, 2024
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (3.3×).
Syndicate size
Healthy syndicate of 3 investors.
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 distribution89th pct
smaller Series C roundslarger
Post-money valuation67th pct
$29Mthis round: $1.3B$3B
