Post-money valuation$16B
SeriesSecondary Transaction
AnnouncedSep 1, 2024
Revenue multiple53.3×
Valuation step-up1.3×
Time since last round238 mo
SectorEnterprise, Cyber Security, Cloud
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Valuation step-up
Healthy 1.3× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
