Amount$100M
Post-money valuation$1.1B
SeriesSeries D
AnnouncedNov 30, 2021
Revenue multiple11.0×
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
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
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 distribution59th pct
smaller Series D roundslarger
Post-money valuation39th pct
$65Mthis round: $1.1B$6B
vs. Fintech, Credit, Lending, SMB, Invoice Funding, Line of Credit (6)
Round size in sector67th pct
$20Mthis round: $100M$176M
