Amount$45M
SeriesSeries A
AnnouncedMar 7, 2018
Time since last round651 mo
SectorDrug Discovery, Life Sciences, Healthcare
Sub-sectorDeep Learning
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series A round (4.1× the median) — an outlier.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
7 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 A rounds (995)
Round size distribution89th pct
smaller Series A roundslarger
vs. Drug Discovery, Life Sciences, Healthcare (4)
Round size in sector75th pct
$2Mthis round: $45M$123M
