Amount$100M
Post-money valuation$600M
SeriesSeries B
AnnouncedNov 3, 2021
RegionUnited States
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series B round (3.6×).
Syndicate size
Healthy syndicate of 4 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. Series B rounds (996)
Round size distribution89th pct
smaller Series B roundslarger
Post-money valuation43th pct
$35Mthis round: $600M$2.6B
