Amount$50M
Post-money valuation$550M
SeriesSeries C
AnnouncedJul 11, 2018
SectorEnterprise, Productivity, Database
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 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 C rounds (999)
Round size distribution54th pct
smaller Series C roundslarger
Post-money valuation30th pct
$29Mthis round: $550M$3B
vs. Enterprise, Productivity, Database (5)
Round size in sector80th pct
$2Mthis round: $50M$50M
