Amount$110M
Post-money valuation$1.2B
SeriesSeries D
AnnouncedJul 1, 2021
SectorAccounting Automation
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
5 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 distribution63th pct
smaller Series D roundslarger
Post-money valuation44th pct
$65Mthis round: $1.2B$6B
vs. Accounting Automation (24)
Round size in sector100th pct
$50Kthis round: $110M$40M
