Amount$125M
Post-money valuation$1.3B
SeriesSecondary Transaction
AnnouncedJan 26, 2020
Time since last round667 mo
SectorGaming, Mobile
Sub-sectorDeep Learning, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Secondary Transaction round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Secondary Transaction rounds (26)
Round size distribution85th pct
smaller Secondary Transaction roundslarger
Post-money valuation41th pct
$33Mthis round: $1.3B$2.6B
