Amount$50M
Post-money valuation$450M
SeriesSeries B
AnnouncedMar 10, 2022
Time since last round619 mo
SectorFintech, Accounting
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
7 investors on the cap table.
Insider conviction
3 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 B rounds (996)
Round size distribution72th pct
smaller Series B roundslarger
Post-money valuation32th pct
$35Mthis round: $450M$2.6B
vs. Fintech, Accounting (5)
Round size in sector100th pct
$1Mthis round: $50M$50M