Amount$543M
Post-money valuation$2.2B
SeriesSeries A
AnnouncedJun 23, 2021
SectorEnterprise, Cyber Security
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series A round (49.4× the median) — an outlier.
Syndicate size
7 investors on the cap table.
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 A rounds (995)
Round size distribution100th pct
smaller Series A roundslarger
Post-money valuation100th pct
$12Mthis round: $2.2B$1B
vs. Enterprise, Cyber Security (106)
Round size in sector100th pct
$100Kthis round: $543M$37M
