Amount$40M
Post-money valuation$100M
SeriesSeries B
AnnouncedNov 30, 2018
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 B round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
4 existing investors 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. Series B rounds (996)
Round size distribution63th pct
smaller Series B roundslarger
Post-money valuation9th pct
$35Mthis round: $100M$2.6B
vs. Transport and Logistics, Scheduling, Transportation, Optimization, Planning, Smart City, Public Transport, Mobility (5)
Round size in sector60th pct
$1Mthis round: $40M$107M
