Amount$150M
Post-money valuation$2.7B
SeriesSeries D
AnnouncedSep 19, 2023
Valuation step-up1.1×
Time since last round443 mo
SectorHR, Recruitment, Enterprise, App
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series D round.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Valuation step-up
1.1× valuation step-up.
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 distribution73th pct
smaller Series D roundslarger
Post-money valuation71th pct
$65Mthis round: $2.7B$6B
vs. HR, Recruitment, Enterprise, App (7)
Round size in sector100th pct
$8Mthis round: $150M$150M
