Amount$10M
Post-money valuation$100M
SeriesSeries B
AnnouncedJun 27, 2019
SectorMedia & Entertainment
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
3 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 B rounds (996)
Round size distribution13th pct
smaller Series B roundslarger
Post-money valuation9th pct
$35Mthis round: $100M$2.6B
vs. Media & Entertainment (23)
Round size in sector35th pct
$1Mthis round: $10M$526M
