Amount$50M
Post-money valuation$400M
SeriesSeries D
AnnouncedNov 12, 2015
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
7 investors on the cap table.
Insider conviction
7 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 distribution32th pct
smaller Series D roundslarger
Post-money valuation8th pct
$65Mthis round: $400M$6B