If you got a 30% bump last year (congrats btw) then even if this promotion came in with no salary increase, would you be roughly at the salary you expect for that title? I'd focus on that and focus on where you are in your career and if this is taking you there rather than the specific salary/raise year over year. The trajectory of your career and not to sound cliche, but where are you going to be in 5 years? type questions are more important than are they screwing me on one raise, IMO.
Think about whether this title at this type of company opens doors down the road, doors you may want to go through. Options are what makes your career because you can't count on any one thing; have to cultivate as many optional paths as you can all the time.