Amount$200M
Post-money valuation$2.3B
SeriesSeries E
AnnouncedFeb 29, 2020
Time since last round30 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 E round.
Syndicate size
Party round (11 investors) — diffuse ownership and signal.
Insider conviction
6 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 E rounds (478)
Round size distribution71th pct
smaller Series E roundslarger
Post-money valuation55th pct
$103Mthis round: $2.3B$10.2B
vs. Mobility, Ride Service, App, Ridesharing (8)
Round size in sector88th pct
$10Mthis round: $200M$250M
