Amount$26M
Post-money valuation$200M
SeriesSeries B
AnnouncedSep 14, 2021
Valuation step-up2.0×
Time since last round661 mo
SectorFintech, Insurance, Broker
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
A mix of established and emerging investors.
Valuation step-up
Healthy 2.0× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series B rounds (996)
Round size distribution44th pct
smaller Series B roundslarger
Post-money valuation18th pct
$35Mthis round: $200M$2.6B