Amount$110M
Post-money valuation$2B
SeriesSeries G
AnnouncedApr 7, 2021
SectorDatabase, Enterprise
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series G round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series G rounds (105)
Round size distribution30th pct
smaller Series G roundslarger
Post-money valuation18th pct
$160Mthis round: $2B$25B
vs. Database, Enterprise (9)
Round size in sector89th pct
$4Mthis round: $110M$200M
