Amount$100M
Post-money valuation$770M
SeriesSeries C
AnnouncedMar 18, 2022
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (2.2×).
Syndicate size
2 investors on the cap table.
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. Series C rounds (999)
Round size distribution82th pct
smaller Series C roundslarger
Post-money valuation37th pct
$29Mthis round: $770M$3B
