Amount$106M
Post-money valuation$1.3B
SeriesSeries B
AnnouncedMar 13, 2024
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series B round (3.8×).
Syndicate size
Party round (12 investors) — diffuse ownership and signal.
Insider conviction
2 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 B rounds (996)
Round size distribution89th pct
smaller Series B roundslarger
Post-money valuation76th pct
$35Mthis round: $1.3B$2.6B
