Amount$250M
Post-money valuation$3.7B
SeriesSeries D
AnnouncedSep 12, 2021
SectorFintech, Payments, Payroll
Sub-sectorComputer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series D round (3.1×).
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
8 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 D rounds (1,000)
Round size distribution86th pct
smaller Series D roundslarger
Post-money valuation80th pct
$65Mthis round: $3.7B$6B
vs. Fintech, Payments, Payroll (5)
Round size in sector100th pct
$3Mthis round: $250M$100M
