Amount$150M
SeriesCredit Facility
AnnouncedAug 18, 2021
Time since last round297 mo
SectorProptech, Real Estate
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Credit Facility round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 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. Credit Facility rounds (48)
Round size distribution67th pct
smaller Credit Facility roundslarger
vs. Proptech, Real Estate (10)
Round size in sector100th pct
$2Mthis round: $150M$25M
