Amount$50M
Post-money valuation$700M
SeriesSAFE
AnnouncedApr 5, 2022
Valuation step-up7.0×
Time since last round523 mo
SectorFintech, Financing, Credit, Credit Lending
Sub-sectorArtificial Intelligence, Machine Learning
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical SAFE round (10.0× the median) — an outlier.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
7.0× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Fintech, Financing, Credit, Credit Lending (6)
Round size in sector67th pct
$540Kthis round: $50M$450M
