Amount$100M
Post-money valuation$1.3B
SeriesSeries D
AnnouncedMay 16, 2022
Valuation step-up3.3×
Time since last round549 mo
SectorTransport and Logistics, Scheduling, Transportation, Optimization, Planning, Smart City, Public Transport, Mobility
Sub-sectorDeep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
Healthy 3.3× valuation step-up.
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 distribution59th pct
smaller Series D roundslarger
Post-money valuation47th pct
$65Mthis round: $1.3B$6B
vs. Transport and Logistics, Scheduling, Transportation, Optimization, Planning, Smart City, Public Transport, Mobility (5)
Round size in sector80th pct
$1Mthis round: $100M$107M
