Amount$568M
Post-money valuation$7B
SeriesSeries D
AnnouncedApr 30, 2019
SectorRobotic Process Automation
Sub-sectorMachine Learning
RegionUSA
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series D round (7.2× the median) — an outlier.
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
8 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution96th pct
smaller Series D roundslarger
Post-money valuation91th pct
$65Mthis round: $7B$6B
vs. Robotic Process Automation (7)
Round size in sector86th pct
$2Mthis round: $568M$750M
