Amount$225M
Post-money valuation$2.5B
SeriesSeries D
AnnouncedNov 29, 2023
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series D round (2.8×).
Syndicate size
8 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
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 distribution82th pct
smaller Series D roundslarger
Post-money valuation69th pct
$65Mthis round: $2.5B$6B
