Amount$1B
SeriesFunding Round
AnnouncedMay 19, 2019
SectorProptech, Real Estate, Office Space
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far above the typical Funding Round round (64.5× the median) — an outlier.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Funding Round rounds (422)
Round size distribution95th pct
smaller Funding Round roundslarger
vs. Proptech, Real Estate, Office Space (11)
Round size in sector82th pct
$7Mthis round: $1B$1.5B
