Amount$55M
SeriesSeries D
AnnouncedOct 14, 2020
Time since last round542 mo
SectorIndustrial, Maintenance, IoT, IIoT, Acoustic, Ultrasonic, Sensor, Digital Twin
Sub-sectorMachine Learning, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
6 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 D rounds (1,000)
Round size distribution34th pct
smaller Series D roundslarger
vs. Industrial, Maintenance, IoT, IIoT, Acoustic, Ultrasonic, Sensor, Digital Twin (8)
Round size in sector75th pct
$2Mthis round: $55M$75M
