Amount$53M
SeriesSeries C
AnnouncedNov 21, 2023
Time since last round339 mo
SectorWriting, Text, Generative AI, Artificial Intelligence, Content Creation, Large Language Models (LLMs), Foundational Models
Sub-sectorMachine Learning, Natural Language Processing, Natural Language Generation
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Backed by established, high-track-record investors.
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 distribution56th pct
smaller Series C roundslarger
vs. Writing, Text, Generative AI, Artificial Intelligence, Content Creation, Large Language Models (LLMs), Foundational Models (6)
Round size in sector67th pct
$10Mthis round: $53M$64M
