Amount$20M
Post-money valuation$85M
SeriesSeries B
AnnouncedApr 22, 2018
Time since last round747 mo
SectorE-Commerce
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor 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 B rounds (996)
Round size distribution36th pct
smaller Series B roundslarger
Post-money valuation7th pct
$35Mthis round: $85M$2.6B