Amount$150M
Post-money valuation$1.9B
SeriesSeries D
AnnouncedJul 30, 2019
SectorEnterprise, Productivity, Database
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 5 investors.
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 D rounds (1,000)
Round size distribution73th pct
smaller Series D roundslarger
Post-money valuation59th pct
$65Mthis round: $1.9B$6B
vs. Enterprise, Productivity, Database (5)
Round size in sector100th pct
$2Mthis round: $150M$50M