Amount$900M
Post-money valuation$3.8B
SeriesPrivate Equity
AnnouncedJul 1, 2016
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Private Equity round (9.0× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Private Equity rounds (109)
Round size distribution84th pct
smaller Private Equity roundslarger
Post-money valuation67th pct
$40Mthis round: $3.8B$7B
