Amount$500M
SeriesSeries B
AnnouncedJul 25, 2018
SectorProptech, Real Estate, Office Space
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series B round (17.9× the median) — an outlier.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
2 existing investors re-upped — insiders doubling down.
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. Series B rounds (996)
Round size distribution99th pct
smaller Series B roundslarger
vs. Proptech, Real Estate, Office Space (11)
Round size in sector64th pct
$7Mthis round: $500M$1.5B