Amount$55M
Post-money valuation$10B
SeriesSeries E
AnnouncedMay 12, 2022
SectorEnterprise, HR, Payroll, SMB
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series E round.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series E rounds (478)
Round size distribution22th pct
smaller Series E roundslarger
Post-money valuation92th pct
$103Mthis round: $10B$10.2B
vs. Enterprise, HR, Payroll, SMB (7)
Round size in sector43th pct
$6Mthis round: $55M$200M
