Amount$120M
Post-money valuation$800M
SeriesSeries C
AnnouncedMar 2, 2022
Time since last round740 mo
SectorEnterprise, Employee Management, App, Operations, HR, Scheduling, Communication
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (2.7×).
Syndicate size
Healthy syndicate of 5 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 C rounds (999)
Round size distribution86th pct
smaller Series C roundslarger
Post-money valuation40th pct
$29Mthis round: $800M$3B
vs. Enterprise, Employee Management, App, Operations, HR, Scheduling, Communication (4)
Round size in sector100th pct
$500Kthis round: $120M$120M
