Amount$275M
Post-money valuation$3.2B
SeriesSeries F
AnnouncedJul 14, 2021
Revenue multiple26.7×
Valuation step-up3.2×
Time since last round507 mo
SectorEnterprise, Cyber Security, Incident Response, Forensics, Endpoint Security
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series F round (2.1×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
Healthy 3.2× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series F rounds (255)
Round size distribution74th pct
smaller Series F roundslarger
Post-money valuation50th pct
$200Mthis round: $3.2B$15B
vs. Enterprise, Cyber Security, Incident Response, Forensics, Endpoint Security (9)
Round size in sector100th pct
$5Mthis round: $275M$200M
