Amount$75M
Post-money valuation$1.4B
SeriesSeries D
AnnouncedAug 6, 2024
Revenue multiple14.5×
Valuation step-up1.4×
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
In line with the typical Series D round.
Syndicate size
Party round (13 investors) — diffuse ownership and signal.
Insider conviction
11 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Valuation step-up
Healthy 1.4× valuation step-up.
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 distribution45th pct
smaller Series D roundslarger
Post-money valuation49th pct
$65Mthis round: $1.4B$6B
vs. Retail, GPS, Location Intelligence, Government, Real Estate, Consumer, Fintech, Foot Traffic (5)
Round size in sector80th pct
$4Mthis round: $75M$100M
