Amount$26M
Post-money valuation$200M
SeriesSeries C
AnnouncedMay 28, 2015
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series C rounds (999)
Round size distribution25th pct
smaller Series C roundslarger
Post-money valuation6th pct
$29Mthis round: $200M$3B
