Amount$210M
Post-money valuation$1.2B
SeriesSeries C
AnnouncedMar 23, 2021
Time since last round212 mo
SectorEnterprise, Cyber Security, Cloud, Compliance
Sub-sectorArtificial Intelligence, Machine Learning, Deep Learning, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series C round (4.7× the median) — an outlier.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
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 C rounds (999)
Round size distribution94th pct
smaller Series C roundslarger
Post-money valuation66th pct
$29Mthis round: $1.2B$3B
vs. Enterprise, Cyber Security, Cloud, Compliance (5)
Round size in sector80th pct
$7Mthis round: $210M$340M
