Amount$10B
Post-money valuation$29B
SeriesStrategic Investment
AnnouncedJan 23, 2023
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Strategic Investment round (200.0× the median) — an outlier.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Strategic Investment rounds (33)
Round size distribution97th pct
smaller Strategic Investment roundslarger
Post-money valuation100th pct
$1.5Bthis round: $29B$29B
