Amount$100M
SeriesSeries D
AnnouncedJan 1, 2020
SectorArtificial Intelligence
Sub-sectorAI Infrastructure
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution59th pct
smaller Series D roundslarger
vs. Artificial Intelligence (650)
Round size in sector89th pct
$20Kthis round: $100M$75M