Amount$162M
Post-money valuation$2.7B
SeriesSeries D
AnnouncedAug 19, 2021
RegionSouth Korea
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series D round (2.0×).
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
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 distribution74th pct
smaller Series D roundslarger
Post-money valuation72th pct
$65Mthis round: $2.7B$6B
