Amount$100M
Post-money valuation$1B
SeriesSeries C
AnnouncedJan 12, 2022
Time since last round534 mo
SectorRetail, GPS, Location Intelligence, Government, Real Estate, Consumer, Fintech, Foot Traffic
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (2.2×).
Syndicate size
Party round (13 investors) — diffuse ownership and signal.
Insider conviction
12 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 C rounds (999)
Round size distribution82th pct
smaller Series C roundslarger
Post-money valuation60th pct
$29Mthis round: $1B$3B
vs. Retail, GPS, Location Intelligence, Government, Real Estate, Consumer, Fintech, Foot Traffic (5)
Round size in sector100th pct
$4Mthis round: $100M$100M