Amount$3M
SeriesConvertible Note
AnnouncedMar 31, 2014
Time since last round434 mo
SectorProductivity, Scheduling, Assistant, Mobile
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Convertible Note round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
All-new money — no prior investors re-upped.
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. Convertible Note rounds (55)
Round size distribution44th pct
smaller Convertible Note roundslarger
vs. Productivity, Scheduling, Assistant, Mobile (4)
Round size in sector75th pct
$900Kthis round: $3M$4M
