Amount$3M
SeriesGrant (prize money)
AnnouncedMar 25, 2014
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Grant (prize money) round (12.7× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Grant (prize money) rounds (49)
Round size distribution73th pct
smaller Grant (prize money) roundslarger
