Amount$50M
Post-money valuation$248M
SeriesSeries F
AnnouncedAug 30, 2016
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series F round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 existing investors re-upped — insiders doubling down.
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 F rounds (255)
Round size distribution16th pct
smaller Series F roundslarger
Post-money valuation2th pct
$200Mthis round: $248M$15B
