Amount$15M
SeriesSeries A
AnnouncedJul 10, 2019
SectorArtificial Intelligence
Sub-sectorAI Infrastructure
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
2 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. Series A rounds (995)
Round size distribution53th pct
smaller Series A roundslarger
vs. Artificial Intelligence (650)
Round size in sector58th pct
$20Kthis round: $15M$75M