Amount$110M
Post-money valuation$250M
SeriesSeries B
AnnouncedSep 30, 2019
Time since last round585 mo
SectorRetail, Warehouse, Delivery, Micro-Fulfillment, E-Commerce, Transport and Logistics
Sub-sectorArtificial Intelligence, Robotics, Machine Learning, Computer Vision
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series B round (3.9×).
Syndicate size
7 investors on the cap table.
Insider conviction
4 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. Series B rounds (996)
Round size distribution90th pct
smaller Series B roundslarger
Post-money valuation21th pct
$35Mthis round: $250M$2.6B
vs. Retail, Warehouse, Delivery, Micro-Fulfillment, E-Commerce, Transport and Logistics (4)
Round size in sector75th pct
$6Mthis round: $110M$200M
