Amount$24M
Post-money valuation$110M
SeriesSeries A
AnnouncedNov 10, 2022
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Larger than the typical Series A round (2.1×).
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series A rounds (995)
Round size distribution74th pct
smaller Series A roundslarger
Post-money valuation39th pct
$12Mthis round: $110M$1B