Amount$25M
Post-money valuation$200M
SeriesSeries A
AnnouncedFeb 15, 2024
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series A round (2.3×).
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series A rounds (995)
Round size distribution79th pct
smaller Series A roundslarger
Post-money valuation54th pct
$12Mthis round: $200M$1B
