Amount$250M
SeriesSeries D
AnnouncedAug 31, 2017
Time since last round4 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
Larger than the typical Series D round (3.1×).
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
4 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 distribution86th pct
smaller Series D roundslarger
vs. Mobility, Ride Service, App, Ridesharing (8)
Round size in sector100th pct
$10Mthis round: $250M$250M