Amount$20M
SeriesSeries D
AnnouncedOct 14, 2021
Time since last round285 mo
SectorFintech, Cyber Security, Insurance, Cyber Risk, Claims, Underwriting
Sub-sectorArtificial Intelligence, Machine Learning
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Smaller than the typical Series D round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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 D rounds (1,000)
Round size distribution9th pct
smaller Series D roundslarger
vs. Fintech, Cyber Security, Insurance, Cyber Risk, Claims, Underwriting (6)
Round size in sector50th pct
$6Mthis round: $20M$34M
