Amount$310M
Post-money valuation$2.2B
SeriesSeries D
AnnouncedJul 27, 2021
SectorBlockchain, Cyber Security, Digital Assets, Crypto, Fintech
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series D round (3.9×).
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
6 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 D rounds (1,000)
Round size distribution90th pct
smaller Series D roundslarger
Post-money valuation65th pct
$65Mthis round: $2.2B$6B
vs. Blockchain, Cyber Security, Digital Assets, Crypto, Fintech (6)
Round size in sector83th pct
$4Mthis round: $310M$550M
