Amount$250M
Post-money valuation$4B
SeriesSeries D
AnnouncedSep 14, 2021
Revenue multiple400.0×
Valuation step-up3.0×
Time since last round456 mo
SectorFintech, Credit, Payments
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series D round (3.1×).
Syndicate size
7 investors on the cap table.
Insider conviction
6 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Valuation step-up
Healthy 3.0× 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 distribution86th pct
smaller Series D roundslarger
Post-money valuation83th pct
$65Mthis round: $4B$6B
vs. Fintech, Credit, Payments (6)
Round size in sector100th pct
$16Mthis round: $250M$250M
