Amount$80M
Post-money valuation$1.1B
AnnouncedJan 1, 2024
Revenue multiple44.0×
Valuation step-up11.1×
Time since last round177 mo
Solid
A solid round with healthy fundamentals.
Syndicate size
8 investors on the cap table.
Insider conviction
8 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
Aggressive 11.1× valuation step-up — hard to grow into.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.