Amount$60M
Post-money valuation$1.3B
SeriesSeries A
AnnouncedDec 5, 2019
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series A round (5.5× the median) — an outlier.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
1 existing investor 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 A rounds (995)
Round size distribution93th pct
smaller Series A roundslarger
Post-money valuation89th pct
$12Mthis round: $1.3B$1B