Amount$260M
Post-money valuation$6.2B
SeriesSeries E
AnnouncedNov 1, 2020
SectorSoftware
Sub-sectorMachine Learning
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series E round (2.2×).
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 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 E rounds (478)
Round size distribution77th pct
smaller Series E roundslarger
Post-money valuation84th pct
$103Mthis round: $6.2B$10.2B
