Amount$430M
Post-money valuation$5B
SeriesSeries I
AnnouncedMar 1, 2024
SectorFinancial Services
Sub-sectorMachine Learning
RegionUnited Kingdom
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series I round — well under the median.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Financial Services (62)
Round size in sector90th pct
$151Kthis round: $430M$425M
