Amount$140M
Post-money valuation$1.5B
SeriesSeries C
AnnouncedFeb 23, 2022
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (3.1×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series C rounds (999)
Round size distribution88th pct
smaller Series C roundslarger
Post-money valuation79th pct
$29Mthis round: $1.5B$3B
