Amount$140M
Post-money valuation$425M
SeriesSeries C
AnnouncedNov 22, 2019
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (3.1×).
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series C rounds (999)
Round size distribution88th pct
smaller Series C roundslarger
Post-money valuation20th pct
$29Mthis round: $425M$3B
