Amount$400M
Post-money valuation$10B
SeriesFunding Round
AnnouncedJun 24, 2015
SectorProptech, Real Estate, Office Space
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Funding Round round (25.0× the median) — an outlier.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
All-new money — no prior investors re-upped.
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. Funding Round rounds (430)
Round size distribution89th pct
smaller Funding Round roundslarger
Post-money valuation67th pct
$4Mthis round: $10B$30B
vs. Proptech, Real Estate, Office Space (11)
Round size in sector55th pct
$7Mthis round: $400M$1.5B
