Amount$110M
Post-money valuation$1.1B
SeriesSeries C
AnnouncedMay 3, 2022
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (2.4×).
Syndicate size
2 investors on the cap table.
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 C rounds (999)
Round size distribution84th pct
smaller Series C roundslarger
Post-money valuation62th pct
$29Mthis round: $1.1B$3B
