Amount$260M
Post-money valuation$2.3B
SeriesSeries D
AnnouncedApr 27, 2021
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Larger than the typical Series D round (3.3×).
Syndicate size
Party round (14 investors) — diffuse ownership and signal.
Insider conviction
All-new money — no prior investors re-upped.
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 valuation67th pct
$65Mthis round: $2.3B$6B
