Amount$10M
Post-money valuation$350M
SeriesSeries A
AnnouncedSep 30, 2024
Valuation step-up2.7×
Time since last round6 mo
SectorAssistant, Sales, E-Commerce, Generative AI, Large Language Models (LLMs), AI Agents
Sub-sectorArtificial Intelligence, Machine Learning, Deep Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Valuation step-up
Healthy 2.7× valuation step-up.
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 distribution43th pct
smaller Series A roundslarger
Post-money valuation66th pct
$12Mthis round: $350M$1B
vs. Assistant, Sales, E-Commerce, Generative AI, Large Language Models (LLMs), AI Agents (4)
Round size in sector75th pct
$250Kthis round: $10M$22M
