Amount$71M
Post-money valuation$500M
SeriesSeries C
AnnouncedJan 1, 2015
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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 C rounds (999)
Round size distribution68th pct
smaller Series C roundslarger
Post-money valuation27th pct
$29Mthis round: $500M$3B