Amount$275M
Post-money valuation$2.8B
SeriesSeries E
AnnouncedDec 16, 2020
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series E round (2.4×).
Syndicate size
Party round (15 investors) — diffuse ownership and signal.
Insider conviction
5 existing investors 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. Series E rounds (478)
Round size distribution78th pct
smaller Series E roundslarger
Post-money valuation59th pct
$103Mthis round: $2.8B$10.2B
