Amount$100M
Post-money valuation$500M
SeriesSeries A
AnnouncedFeb 1, 2022
SectorEnterprise, Cyber Security, Web Browser, Web Security
Strong
A strong, well-structured round.
Round size vs peers
Far above the typical Series A round (9.1× the median) — an outlier.
Syndicate size
Healthy syndicate of 4 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 A rounds (995)
Round size distribution96th pct
smaller Series A roundslarger
Post-money valuation79th pct
$12Mthis round: $500M$1B
vs. Enterprise, Cyber Security, Web Browser, Web Security (6)
Round size in sector50th pct
$60Mthis round: $100M$250M
