Amount$100M
Post-money valuation$1.1B
SeriesSeries D
AnnouncedMay 17, 2022
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 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 D rounds (1,000)
Round size distribution59th pct
smaller Series D roundslarger
Post-money valuation39th pct
$65Mthis round: $1.1B$6B
