Amount$65M
Post-money valuation$650M
SeriesSeries B
AnnouncedOct 15, 2024
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series B round (2.3×).
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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 distribution78th pct
smaller Series B roundslarger
Post-money valuation44th pct
$35Mthis round: $650M$2.6B
