Amount$130M
Post-money valuation$1.8B
SeriesSeries D
AnnouncedSep 19, 2021
Revenue multiple9.0×
Valuation step-up1.8×
Time since last round747 mo
SectorApp, Photo Editing, Video Editing, Content Creation, Generative AI, Media
Sub-sectorDeep Learning, Computer Vision
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
Healthy 1.8× valuation step-up.
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 distribution67th pct
smaller Series D roundslarger
Post-money valuation58th pct
$65Mthis round: $1.8B$6B
vs. App, Photo Editing, Video Editing, Content Creation, Generative AI, Media (4)
Round size in sector75th pct
$10Mthis round: $130M$135M
