Quarterly report pursuant to Section 13 or 15(d)

Redeemable Convertible Preferred Stock (Tables)

v3.21.2
Redeemable Convertible Preferred Stock (Tables)
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Schedule of Redeemable Convertible Preferred Stock The following table summarizes the Company’s redeemable convertible preferred stock as of December 31, 2020 and through September 30, 2021:
Shares Issued Issuance Price Carrying Amount
Authorized and Outstanding Per Share
Series AA 4,766,263  4,766,263  $ 0.21  $ 999,962 
Series A-1 1,253,739  1,253,739  0.46 579,980
Series A-2 432,323  432,323  0.58 250,012
Series A 3,070,449  3,070,449  1.68 5,152,213
Series B 9,412,354  9,412,354  1.69 15,480,110
Series B-1 13,191,371  13,191,371  1.69 22,008,322
Series C 7,012,806  7,012,806  5.35 37,467,749
Series D 4,696,804  4,696,804  14.90 69,999,758
43,836,109  43,836,109  $ 151,938,106 
Liquidation preference for redeemable convertible preferred stock was as follows (in thousands):
September 30, 2021 December 31, 2020
Series AA $ 1,000  $ 1,000 
Series A-1 580  580 
Series A-2 250  250 
Series A 5,150  5,150 
Series B 15,900  15,900 
Series B-1 30,384  28,693 
Series C 37,500  37,500 
Series D 70,000  70,000 
$ 160,764  $ 159,073