Amount$48M
SeriesFunding Round
AnnouncedJun 29, 2020
SectorMedia, Video Editing, Photo Editing, Content Creation
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Funding Round round (3.2×).
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
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. Funding Round rounds (421)
Round size distribution63th pct
smaller Funding Round roundslarger