Amount$300M
Post-money valuation$10B
SeriesSeries D
AnnouncedFeb 1, 2023
SectorEnterprise
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series D round (3.8×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution89th pct
smaller Series D roundslarger
Post-money valuation94th pct
$65Mthis round: $10B$6B
