Amount$120M
Post-money valuation$800M
SeriesSeries C
AnnouncedJul 31, 2024
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (2.7×).
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
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 C rounds (999)
Round size distribution86th pct
smaller Series C roundslarger
Post-money valuation40th pct
$29Mthis round: $800M$3B
