Amount$157M
Post-money valuation$1B
SeriesSeries D
AnnouncedJun 8, 2021
Revenue multiple10.0×
Time since last round212 mo
SectorContextual Speech Recognition, Speech Activated, Speech, Conversational AI, Education, Legal, Media, Enterprise, Transcription, Artificial Intelligence, Dubbing, Localization
Sub-sectorArtificial Intelligence, Deep Learning, Machine Learning, Natural Language Processing, Automatic Speech Recognition, Speech Recognition
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Party round (13 investors) — diffuse ownership and signal.
Insider conviction
10 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
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 distribution74th pct
smaller Series D roundslarger
Post-money valuation32th pct
$65Mthis round: $1B$6B
vs. Contextual Speech Recognition, Speech Activated, Speech, Conversational AI, Education, Legal, Media, Enterprise, Transcription, Artificial Intelligence, Dubbing, Localization (8)
Round size in sector100th pct
$11Mthis round: $157M$157M
