Amount$74M
Post-money valuation$520M
SeriesSeries B
AnnouncedJan 10, 2024
SectorSearch Engine
Sub-sectorGenerative AI
RegionUnited States
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series B round (2.6×).
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
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 distribution80th pct
smaller Series B roundslarger
Post-money valuation39th pct
$35Mthis round: $520M$2.6B
