Amount$76M
Post-money valuation$500M
SeriesSeries D
AnnouncedSep 24, 2019
Time since last round20 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
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 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 distribution45th pct
smaller Series D roundslarger
Post-money valuation11th pct
$65Mthis round: $500M$6B
vs. Fintech, Enterprise, Accounting, Invoice, Accounts Payable, Remittance, Payments (7)
Round size in sector57th pct
$13Mthis round: $76M$270M
