Amount$500M
SeriesDebt Financing
AnnouncedJan 1, 2020
SectorTransportation
Sub-sectorMachine Learning
RegionUSA
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Debt Financing round (5.0× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Debt Financing rounds (145)
Round size distribution79th pct
smaller Debt Financing roundslarger