Amount$200M
Post-money valuation$1B
SeriesSeries C
AnnouncedOct 26, 2021
Valuation step-up4.0×
Time since last round585 mo
SectorRetail, Warehouse, Delivery, Micro-Fulfillment, E-Commerce, Transport and Logistics
Sub-sectorArtificial Intelligence, Robotics, Machine Learning, Computer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series C round (4.4× the median) — an outlier.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
Healthy 4.0× valuation step-up.
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 distribution94th pct
smaller Series C roundslarger
Post-money valuation60th pct
$29Mthis round: $1B$3B
vs. Retail, Warehouse, Delivery, Micro-Fulfillment, E-Commerce, Transport and Logistics (4)
Round size in sector100th pct
$6Mthis round: $200M$200M
