Amount$2M
SeriesSeries A
AnnouncedDec 19, 2007
SectorApp, Testing, Software Development, Artificial Intelligence
Sub-sectorMachine Learning
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Series A round — well under the median.
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors 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 distribution3th pct
smaller Series A roundslarger
vs. App, Testing, Software Development, Artificial Intelligence (6)
Round size in sector17th pct
$2Mthis round: $2M$43M
Applause Series A — Applause