Amount$9M
SeriesSeries A
AnnouncedAug 28, 2023
Time since last round932 mo
SectorIndustrial, Industrial Control Systems, Sensor, Data, Manufacturing, Data Governance
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
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 distribution32th pct
smaller Series A roundslarger
vs. Industrial, Industrial Control Systems, Sensor, Data, Manufacturing, Data Governance (4)
Round size in sector100th pct
$2Mthis round: $9M$9M