Amount$78M
Post-money valuation$1B
SeriesSeries C
AnnouncedDec 10, 2024
SectorEducation
Sub-sectorNatural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
3 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 C rounds (999)
Round size distribution71th pct
smaller Series C roundslarger
Post-money valuation60th pct
$29Mthis round: $1B$3B