Amount$940M
Post-money valuation$2.7B
AnnouncedFeb 11, 2019
Valuation step-up10.0×
Time since last round692 mo
Solid
A solid round with healthy fundamentals.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Valuation step-up
10.0× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
