Amount$110M
Post-money valuation$3.5B
SeriesSeries H
AnnouncedFeb 13, 2023
Valuation step-up1.1×
Time since last round15 mo
SectorMobility, Ride Service, App, Ridesharing
Sub-sectorNatural Language Generation, Machine Learning, Deep Learning, Natural Language Processing, Speech Recognition, Computer Vision
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series H round.
Syndicate size
8 investors on the cap table.
Insider conviction
7 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
1.1× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Mobility, Ride Service, App, Ridesharing (8)
Round size in sector63th pct
$10Mthis round: $110M$250M
