Amount$150M
Post-money valuation$4.5B
SeriesSeries D
AnnouncedJul 24, 2023
SectorAI Governance
Sub-sectorGenerative AI
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series D round.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
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 D rounds (1,000)
Round size distribution73th pct
smaller Series D roundslarger
Post-money valuation85th pct
$65Mthis round: $4.5B$6B