Amount$34M
SeriesSeries B
AnnouncedFeb 1, 2020
Time since last round285 mo
SectorFintech, Cyber Security, Insurance, Cyber Risk, Claims, Underwriting
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 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 B rounds (996)
Round size distribution57th pct
smaller Series B roundslarger
vs. Fintech, Cyber Security, Insurance, Cyber Risk, Claims, Underwriting (6)
Round size in sector83th pct
$6Mthis round: $34M$34M
