Amount$42M
Post-money valuation$742M
SeriesSeries D
AnnouncedNov 18, 2020
Valuation step-up1.9×
Time since last round370 mo
SectorHealthcare, Insights, Health Knowledge Platform, Telehealth, Primary Care Physician (PCP), App
Sub-sectorArtificial Intelligence, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
6 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
Healthy 1.9× valuation step-up.
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 distribution23th pct
smaller Series D roundslarger
Post-money valuation14th pct
$65Mthis round: $742M$6B
vs. Healthcare, Insights, Health Knowledge Platform, Telehealth, Primary Care Physician (PCP), App (8)
Round size in sector50th pct
$3Mthis round: $42M$59M
