Amount$120M
Post-money valuation$600M
SeriesSeries C
AnnouncedNov 30, 2017
Time since last round424 mo
SectorFintech, Insurance, Insurance Carrier
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (2.7×).
Syndicate size
7 investors on the cap table.
Insider conviction
7 existing investors 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 valuation32th pct
$29Mthis round: $600M$3B
vs. Fintech, Insurance, Insurance Carrier (13)
Round size in sector46th pct
$13Mthis round: $120M$300M
