Amount$43M
Post-money valuation$300M
SeriesSeries B
AnnouncedFeb 22, 2023
SectorArtificial Intelligence
Sub-sectorGenerative AI
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 6 investors.
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 distribution65th pct
smaller Series B roundslarger
Post-money valuation25th pct
$35Mthis round: $300M$2.6B
vs. Artificial Intelligence (650)
Round size in sector78th pct
$20Kthis round: $43M$75M
