Amount$110M
Post-money valuation$1.3B
SeriesSeries D
AnnouncedJan 25, 2021
Revenue multiple133.5×
Valuation step-up1.9×
Time since last round456 mo
SectorFintech, Credit, Payments
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
7 investors on the cap table.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Valuation step-up
Healthy 1.9× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution63th pct
smaller Series D roundslarger
Post-money valuation47th pct
$65Mthis round: $1.3B$6B
vs. Fintech, Credit, Payments (6)
Round size in sector67th pct
$16Mthis round: $110M$250M
