Amount$100M
Post-money valuation$1.2B
SeriesSeries C
AnnouncedJan 7, 2021
SectorData Management
Sub-sectorNatural Language Processing (NLP)
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (2.2×).
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 distribution82th pct
smaller Series C roundslarger
Post-money valuation66th pct
$29Mthis round: $1.2B$3B
