Amount$60M
Post-money valuation$2.7B
SeriesSeries F
AnnouncedMar 12, 2021
Valuation step-up1.2×
Time since last round13 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
Smaller than the typical Series F round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Valuation step-up
Healthy 1.2× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series F rounds (255)
Round size distribution20th pct
smaller Series F roundslarger
Post-money valuation43th pct
$200Mthis round: $2.7B$15B
vs. Mobility, Ride Service, App, Ridesharing (8)
Round size in sector38th pct
$10Mthis round: $60M$250M
