Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
All-new money — no prior investors re-upped.
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 D rounds (1,000)
Round size distribution59th pct
smaller Series D roundslarger
Post-money valuation32th pct
$65Mthis round: $1B$6B
vs. Video Conferencing (6)
Round size in sector83th pct
$500Kthis round: $100M$130M
