Amount$60M
Post-money valuation$320M
SeriesSeries B
AnnouncedFeb 5, 2023
Valuation step-up0.5×
Time since last round209 mo
SectorFintech, Banking, Digital
Sub-sectorArtificial Intelligence
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series B round (2.1×).
Syndicate size
8 investors on the cap table.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Valuation step-up
Down round (0.5× prior valuation).
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 distribution76th pct
smaller Series B roundslarger
Post-money valuation26th pct
$35Mthis round: $320M$2.6B
