Amount$50M
Post-money valuation$300M
SeriesSeries D
AnnouncedMay 29, 2019
SectorHealthcare, Wellness, Mental Health, Therapy
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
4 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 D rounds (1,000)
Round size distribution32th pct
smaller Series D roundslarger
Post-money valuation5th pct
$65Mthis round: $300M$6B
vs. Healthcare, Wellness, Mental Health, Therapy (6)
Round size in sector100th pct
$1Mthis round: $50M$50M
