Amount$343M
Post-money valuation$1.4B
SeriesSeries D
AnnouncedMar 1, 2021
SectorFintech
Sub-sectorAgentic AI
RegionUnited Kingdom
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series D round (4.3× the median) — an outlier.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
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 distribution90th pct
smaller Series D roundslarger
Post-money valuation49th pct
$65Mthis round: $1.4B$6B
