Amount$111M
Post-money valuation$2.1B
SeriesPost-IPO Equity
AnnouncedApr 1, 2022
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Post-IPO Equity round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
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. Post-IPO Equity rounds (38)
Round size distribution34th pct
smaller Post-IPO Equity roundslarger
Post-money valuation75th pct
$750Mthis round: $2.1B$4.8B
