Amount$105M
Post-money valuation$2.6B
SeriesSeries B
AnnouncedDec 1, 2024
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series B round (3.8×).
Syndicate size
2 investors on the cap table.
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 B rounds (996)
Round size distribution89th pct
smaller Series B roundslarger
Post-money valuation95th pct
$35Mthis round: $2.6B$2.6B