Amount$176M
Post-money valuation$750M
SeriesSeries C
AnnouncedAug 31, 2019
Time since last round467 mo
SectorFintech, Credit, Lending, SMB, Invoice Funding, Line of Credit
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C 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 C rounds (999)
Round size distribution91th pct
smaller Series C roundslarger
Post-money valuation37th pct
$29Mthis round: $750M$3B
vs. Fintech, Credit, Lending, SMB, Invoice Funding, Line of Credit (6)
Round size in sector100th pct
$20Mthis round: $176M$176M
