Amount$110M
Post-money valuation$750M
SeriesSeries D
AnnouncedAug 21, 2019
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
8 investors on the cap table.
Insider conviction
4 existing investors re-upped — insiders doubling down.
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 distribution63th pct
smaller Series D roundslarger
Post-money valuation15th pct
$65Mthis round: $750M$6B
