Amount$100M
Post-money valuation$800M
SeriesSeries C
AnnouncedDec 1, 2021
Time since last round477 mo
SectorEnterprise, Cyber Security, Information Technology (IT)
Sub-sectorMachine Learning, Natural Language Processing, Natural Language Understanding
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (2.2×).
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging 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 distribution82th pct
smaller Series C roundslarger
Post-money valuation40th pct
$29Mthis round: $800M$3B
vs. Enterprise, Cyber Security, Information Technology (IT) (4)
Round size in sector100th pct
$5Mthis round: $100M$30M
