Amount$550M
Post-money valuation$8B
SeriesSeries E
AnnouncedJan 27, 2022
SectorBlockchain, Cyber Security, Digital Assets, Crypto, Fintech
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series E round (4.7× the median) — an outlier.
Syndicate size
Party round (17 investors) — diffuse ownership and signal.
Insider conviction
8 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 E rounds (478)
Round size distribution92th pct
smaller Series E roundslarger
Post-money valuation88th pct
$103Mthis round: $8B$10.2B
vs. Blockchain, Cyber Security, Digital Assets, Crypto, Fintech (6)
Round size in sector100th pct
$4Mthis round: $550M$550M
