Amount$65M
SeriesSeries C
AnnouncedJun 10, 2024
SectorAccounting Automation
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series C rounds (999)
Round size distribution64th pct
smaller Series C roundslarger
vs. Accounting Automation (24)
Round size in sector92th pct
$50Kthis round: $65M$40M