Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Private Equity round (31.0× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Private Equity rounds (109)
Round size distribution97th pct
smaller Private Equity roundslarger
Post-money valuation71th pct
$40Mthis round: $4B$7B
