Amount$160M
Post-money valuation$2.7B
SeriesSeries C
AnnouncedMar 29, 2018
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (3.6×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 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 distribution90th pct
smaller Series C roundslarger
Post-money valuation91th pct
$29Mthis round: $2.7B$3B
