Amount$25M
SeriesSeries A
AnnouncedNov 19, 2020
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
Larger than the typical Series A round (2.3×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
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 A rounds (995)
Round size distribution79th pct
smaller Series A roundslarger
vs. Writing, Text, Generative AI, Artificial Intelligence, Content Creation, Large Language Models (LLMs), Foundational Models (6)
Round size in sector50th pct
$10Mthis round: $25M$64M
