“We were not really fixated on valuation,” said Murphy in an interview, who said the funding came about after a number of VCs had approached the startup. “The most important thing is the future opportunity and where we could take the company with additional funding… this will help us hyper scale up.” He did note that the term sheets contained “some amazing numbers and multiples,” given the current interest in no-code and low-code technology.

https://techcrunch.com/2021/03/15/genesis-raises-45m-to-expand-its-fintech-focussed-low-code-platform-to-more-verticals/