Amount$100M
Post-money valuation$800M
SeriesSeries D
AnnouncedMay 9, 2023
Time since last round396 mo
SectorAutomotive, Inspection, Vehicle Security, Industrial, Transport and Logistics
Sub-sectorMachine Learning, Computer Vision, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
4 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 distribution59th pct
smaller Series D roundslarger
Post-money valuation16th pct
$65Mthis round: $800M$6B
vs. Automotive, Inspection, Vehicle Security, Industrial, Transport and Logistics (7)
Round size in sector86th pct
$5Mthis round: $100M$150M
