Amount$130M
Post-money valuation$1.5B
SeriesSecondary Market
AnnouncedJan 11, 2022
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Secondary Market round.
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. Secondary Market rounds (18)
Round size distribution44th pct
smaller Secondary Market roundslarger
Post-money valuation20th pct
$1.5Bthis round: $1.5B$5B