Post-money valuation$750M
SeriesSeries D
AnnouncedApr 30, 2017
Valuation step-up1.8×
Time since last round12 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.
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Valuation step-up
Healthy 1.8× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.