is raising $100 million in new Series E round has just authorized a new Series E preferred stock which could increase the valuation to $3.73 billion if all Series E shares are issued. The construction technology company is previously backed by Insight Venture Partners, RedBird Capital Partners, Tru Arrow Partners, Romulus Capital, Anchorage Capital Group, Spruce House Investments and Tiger Global to name a few. The most recent Series E round follows $226 million raised for Series D. The terms surrounding the Series E include pari passu liquidation preference with a 1.5x multiple, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $15.4768, an up round from Series D at $11.2054625.
Here is how they are currently tracking against the index: