Amount$100M
AnnouncedMay 25, 2022
Valuation step-up4.0×
Time since last round697 mo
Solid
A solid round with healthy fundamentals.
Syndicate size
Party round (13 investors) — diffuse ownership and signal.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Valuation step-up
Healthy 4.0× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
