Amount$350M
Post-money valuation$7.4B
SeriesSeries D
AnnouncedMar 1, 2021
SectorE-commerce
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series D round (4.4× the median) — an outlier.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution91th pct
smaller Series D roundslarger
Post-money valuation91th pct
$65Mthis round: $7.4B$6B
