Amount$168M
Post-money valuation$742M
SeriesSeries C
AnnouncedMar 23, 2023
RegionSouth Korea
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (3.7×).
Syndicate size
Healthy syndicate of 5 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 C rounds (999)
Round size distribution90th pct
smaller Series C roundslarger
Post-money valuation36th pct
$29Mthis round: $742M$3B
