Amount$29M
Post-money valuation$150M
SeriesLater Stage VC
AnnouncedOct 30, 2021
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far above the typical Later Stage VC round (6.9× the median) — an outlier.
Syndicate size
Single investor — limited external validation.
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. Later Stage VC rounds (53)
Round size distribution85th pct
smaller Later Stage VC roundslarger
Post-money valuation25th pct
$150Mthis round: $150M$1B
