Amount$270M
Post-money valuation$8.3B
SeriesSeries F
AnnouncedDec 12, 2021
Valuation step-up4.2×
Time since last round14 mo
SectorFintech, Enterprise, Accounting, Invoice, Accounts Payable, Remittance, Payments
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series F round (2.1×).
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
4.2× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series F rounds (255)
Round size distribution72th pct
smaller Series F roundslarger
Post-money valuation78th pct
$200Mthis round: $8.3B$15B
vs. Fintech, Enterprise, Accounting, Invoice, Accounts Payable, Remittance, Payments (7)
Round size in sector100th pct
$13Mthis round: $270M$270M
