Amount$125M
Post-money valuation$1.6B
SeriesSeries D
AnnouncedJan 1, 2021
RegionJapan
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution66th pct
smaller Series D roundslarger
Post-money valuation55th pct
$65Mthis round: $1.6B$6B
