The company raised $240 million of Series C venture funding in a deal led by SoftBank Investment Advisers on September 26, 2018, putting the company's pre-money valuation at $130 million. GV, Investible, Redpoint Ventures, Cowboy Ventures, Sherpa Capital, New Enterprise Associates and Cherry Tree Investments also participated in the round. The company also received $100 million of development capital from Silicon Valley Bank on July 2018.
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