Amount$107M
Post-money valuation$400M
SeriesSeries C
AnnouncedMar 10, 2021
Valuation step-up4.0×
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
Larger than the typical Series C round (2.4×).
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Valuation step-up
Healthy 4.0× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series C rounds (999)
Round size distribution83th pct
smaller Series C roundslarger
Post-money valuation20th pct
$29Mthis round: $400M$3B
vs. Transport and Logistics, Scheduling, Transportation, Optimization, Planning, Smart City, Public Transport, Mobility (5)
Round size in sector100th pct
$1Mthis round: $107M$107M
