Amount$175M
Post-money valuation$3.7B
SeriesSeries D
AnnouncedApr 26, 2022
SectorDevOps
Sub-sectorAI-powered features
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series D round (2.2×).
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record 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 distribution76th pct
smaller Series D roundslarger
Post-money valuation80th pct
$65Mthis round: $3.7B$6B
