Amount$125M
Post-money valuation$1.3B
SeriesSeries E
AnnouncedNov 19, 2020
Revenue multiple13.0×
Valuation step-up4.3×
Time since last round529 mo
SectorFintech, Fraud Prevention, E-Commerce, Transactions
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series E round.
Syndicate size
8 investors on the cap table.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
4.3× valuation step-up.
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 distribution50th pct
smaller Series E roundslarger
Post-money valuation31th pct
$103Mthis round: $1.3B$10.2B
vs. Fintech, Fraud Prevention, E-Commerce, Transactions (6)
Round size in sector83th pct
$3Mthis round: $125M$125M
