Amount$50M
Post-money valuation$180M
SeriesSeries B
AnnouncedMay 2, 2022
Time since last round602 mo
SectorEnterprise, DevOps, Development, CI/CD, DevTools
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
2 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 B rounds (996)
Round size distribution72th pct
smaller Series B roundslarger
Post-money valuation17th pct
$35Mthis round: $180M$2.6B