Amount$30M
Post-money valuation$33M
SeriesSecondary Transaction
AnnouncedJan 20, 2018
SectorSoftware Development, Enterprise, Development, DevTools
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Secondary Transaction round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Secondary Transaction rounds (26)
Round size distribution12th pct
smaller Secondary Transaction roundslarger
Post-money valuation6th pct
$33Mthis round: $33M$2.6B
