Amount$160M
Post-money valuation$1.2B
SeriesGrowth Investment
AnnouncedApr 11, 2019
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Growth Investment round (8.9× the median) — an outlier.
Syndicate size
Healthy syndicate of 3 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. Growth Investment rounds (6)
Round size distribution100th pct
smaller Growth Investment roundslarger
