Amount$200M
Post-money valuation$1.7B
SeriesSecondary Market
AnnouncedDec 1, 2017
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Secondary Market round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
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. Secondary Market rounds (18)
Round size distribution72th pct
smaller Secondary Market roundslarger
Post-money valuation40th pct
$1.5Bthis round: $1.7B$5B
