Amount$17M
Post-money valuation$250M
SeriesSeries F
AnnouncedMay 16, 2018
SectorMedia, Publishing
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Series F round — well under the median.
Syndicate size
Party round (11 investors) — diffuse ownership and signal.
Insider conviction
5 existing investors re-upped — insiders doubling down.
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 F rounds (255)
Round size distribution5th pct
smaller Series F roundslarger
Post-money valuation3th pct
$200Mthis round: $250M$15B
vs. Media, Publishing (7)
Round size in sector71th pct
$300Kthis round: $17M$18M
