Amount$510M
Post-money valuation$2.5B
SeriesSeries E
AnnouncedSep 1, 2021
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series E round (4.4× the median) — an outlier.
Syndicate size
7 investors on the cap table.
Insider conviction
1 existing investor 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 E rounds (478)
Round size distribution91th pct
smaller Series E roundslarger
Post-money valuation57th pct
$103Mthis round: $2.5B$10.2B
