Amount$100M
Post-money valuation$8B
SeriesSeries D
AnnouncedMay 25, 2022
SectorBlockchain, NFT, Crypto
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
All-new money — no prior investors re-upped.
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 D rounds (1,000)
Round size distribution59th pct
smaller Series D roundslarger
Post-money valuation92th pct
$65Mthis round: $8B$6B
vs. Blockchain, NFT, Crypto (6)
Round size in sector67th pct
$19Mthis round: $100M$400M
