Amount$10M
SeriesSeed
AnnouncedApr 30, 2018
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 Seed round (3.4×).
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Writing, Text, Generative AI, Artificial Intelligence, Content Creation, Large Language Models (LLMs), Foundational Models (6)
Round size in sector17th pct
$10Mthis round: $10M$64M