Amount$280M
Post-money valuation$8.3B
SeriesSeries E
AnnouncedJan 1, 2020
RegionUnited States
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series E round (2.4×).
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 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 E rounds (478)
Round size distribution79th pct
smaller Series E roundslarger
Post-money valuation88th pct
$103Mthis round: $8.3B$10.2B