Amount$5B
SeriesDebt
AnnouncedOct 30, 2019
SectorProptech, Real Estate, Office Space
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Debt round (75.8× the median) — an outlier.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Proptech, Real Estate, Office Space (11)
Round size in sector100th pct
$7Mthis round: $5B$1.5B
