Oren Zaslansky
๐ค SpeakerAppearances Over Time
Podcast Appearances
We raised $215 million led by SoftBank Vision Fund 2.
They led our last round as well.
This was a real preemption with these numbers.
They came to us mid-year, six months into the last round.
and said, giddy up, we'd like to deploy some more capital.
Can you go faster?
Do you have a use of proceeds?
We said, yes, yes, and yes.
And so we raised it to 215 at a $1.3 billion valuation.
Wow.
Well, to be fair, the latter, yes.
The former, no, they don't like marking themselves up.
I'm not going to speak to it, but you've got a smart audience that can be problematic.
We brought in other pretty significant investors into the round.
I'd say most notably we brought in Susquehanna.
SIG is a major private equity growth equity fund at 15, $20 billion.
So they're participating in this round.
We brought in a firm from New York called Eden Capital coming into this round.
We also had ProRata.
In some cases, I think super parata from insiders.