Amount$300M
Post-money valuation$1.5B
SeriesSeries A
AnnouncedJul 9, 2024
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far above the typical Series A round (27.3× the median) — an outlier.
Syndicate size
Party round (13 investors) — diffuse ownership and signal.
Insider conviction
All-new money — no prior investors re-upped.
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 A rounds (995)
Round size distribution99th pct
smaller Series A roundslarger
Post-money valuation93th pct
$12Mthis round: $1.5B$1B
