Amount$1B
Post-money valuation$15B
SeriesSeries H
AnnouncedAug 4, 2021
SectorDelivery Services
Sub-sectorDelivery Optimization
RegionUSA
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series H round (4.8× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Delivery Services (8)
Round size in sector88th pct
$1Mthis round: $1B$1.1B