Amount$640M
Post-money valuation$2.3B
SeriesSeries E
AnnouncedApr 7, 2021
Valuation step-up2.0×
Time since last round455 mo
SectorRetail, Visual Monitor
Sub-sectorArtificial Intelligence, Machine Learning, Computer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series E round (5.5× the median) — an outlier.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
A mix of established and emerging investors.
Valuation step-up
Healthy 2.0× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series E rounds (478)
Round size distribution92th pct
smaller Series E roundslarger
Post-money valuation55th pct
$103Mthis round: $2.3B$10.2B
vs. Retail, Visual Monitor (11)
Round size in sector100th pct
$7Mthis round: $640M$125M
