Amount$261M
Post-money valuation$1.4B
SeriesSeries A
AnnouncedAug 14, 2020
SectorRetail
RegionUnited Kingdom
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far above the typical Series A round (23.7× the median) — an outlier.
Syndicate size
Single investor — limited external validation.
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 A rounds (995)
Round size distribution99th pct
smaller Series A roundslarger
Post-money valuation91th pct
$12Mthis round: $1.4B$1B
