Amount$100M
Post-money valuation$1.2B
AnnouncedMar 14, 2024
Valuation step-up800000.0×
Time since last round50 mo
Weak
A weak or unusual round versus its peers.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Valuation step-up
Aggressive 800000.0× valuation step-up — hard to grow into.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
