Amount$70M
Post-money valuation$500M
SeriesSeries B
AnnouncedApr 10, 2018
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series B round (2.5×).
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series B rounds (996)
Round size distribution80th pct
smaller Series B roundslarger
Post-money valuation39th pct
$35Mthis round: $500M$2.6B
