Amount$23M
Post-money valuation$250M
SeriesSeries D
AnnouncedSep 15, 2022
Time since last round430 mo
SectorFintech, Insurance, Underwriting
Sub-sectorMachine Learning, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series D round.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
7 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 distribution10th pct
smaller Series D roundslarger
Post-money valuation4th pct
$65Mthis round: $250M$6B
vs. Fintech, Insurance, Underwriting (4)
Round size in sector100th pct
$12Mthis round: $23M$23M
