Amount$100M
Post-money valuation$750M
SeriesSeries B
AnnouncedApr 27, 2023
Time since last round410 mo
SectorEnterprise, Data, Artificial Intelligence, Database, Generative AI, Development
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series B round (3.6×).
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
2 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 distribution89th pct
smaller Series B roundslarger
Post-money valuation50th pct
$35Mthis round: $750M$2.6B
