Amount$70M
Post-money valuation$700M
SeriesSeries C
AnnouncedJun 16, 2021
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
4 existing investors 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 C rounds (999)
Round size distribution68th pct
smaller Series C roundslarger
Post-money valuation35th pct
$29Mthis round: $700M$3B
