Amount$400M
Post-money valuation$4.4B
SeriesSeries D
AnnouncedOct 16, 2024
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series D round (5.1× the median) — an outlier.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution92th pct
smaller Series D roundslarger
Post-money valuation83th pct
$65Mthis round: $4.4B$6B