Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series D round (3.4×).
Syndicate size
8 investors on the cap table.
Insider conviction
8 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 distribution86th pct
smaller Series D roundslarger
Post-money valuation90th pct
$65Mthis round: $6B$6B
