Amount$110M
Post-money valuation$1.1B
SeriesSeries E
AnnouncedJun 19, 2025
Valuation step-up1.2×
Time since last round568 mo
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series E round.
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
7 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
1.2× valuation step-up.
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 distribution45th pct
smaller Series E roundslarger
Post-money valuation25th pct
$103Mthis round: $1.1B$10.2B
