Amount$1B
Post-money valuation$28.7B
SeriesSeries B
AnnouncedApr 19, 2021
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series B round (35.7× the median) — an outlier.
Syndicate size
Party round (11 investors) — diffuse ownership and signal.
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 distribution100th pct
smaller Series B roundslarger
Post-money valuation100th pct
$35Mthis round: $28.7B$2.6B
