Amount$35M
SeriesSeries F
AnnouncedSep 14, 2016
SectorApp, Testing, Software Development, Artificial Intelligence
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series F round.
Syndicate size
8 investors on the cap table.
Insider conviction
6 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 F rounds (255)
Round size distribution7th pct
smaller Series F roundslarger
vs. App, Testing, Software Development, Artificial Intelligence (6)
Round size in sector83th pct
$2Mthis round: $35M$43M
Applause Series F — Applause