Amount$120M
Post-money valuation$2.5B
SeriesSecondary Transaction
AnnouncedJul 31, 2023
SectorFintech, Trading, Social
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Secondary Transaction round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 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. Secondary Transaction rounds (26)
Round size distribution81th pct
smaller Secondary Transaction roundslarger
Post-money valuation82th pct
$33Mthis round: $2.5B$2.6B
vs. Fintech, Trading, Social (7)
Round size in sector86th pct
$2Mthis round: $120M$250M
