Amount$300M
Post-money valuation$3.1B
SeriesSeries C
AnnouncedMar 30, 2021
SectorAccounts Receivable
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series C round (6.7× the median) — an outlier.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
1 existing investor re-upped — insiders doubling down.
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 C rounds (999)
Round size distribution97th pct
smaller Series C roundslarger
Post-money valuation94th pct
$29Mthis round: $3.1B$3B
vs. Accounts Receivable (7)
Round size in sector100th pct
$1Mthis round: $300M$125M
