Amount$175M
Post-money valuation$5.1B
SeriesSeries E
AnnouncedMar 16, 2020
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series E round.
Syndicate size
Party round (9 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 E rounds (478)
Round size distribution65th pct
smaller Series E roundslarger
Post-money valuation78th pct
$103Mthis round: $5.1B$10.2B