Amount$25M
Post-money valuation$120M
SeriesSeries B
AnnouncedJun 11, 2019
SectorEnterprise, Development, API, Marketplace
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 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 B rounds (996)
Round size distribution43th pct
smaller Series B roundslarger
Post-money valuation12th pct
$35Mthis round: $120M$2.6B
vs. Enterprise, Development, API, Marketplace (6)
Round size in sector67th pct
$4Mthis round: $25M$60M
