Amount$23M
SeriesSeries B
AnnouncedSep 22, 2020
Time since last round420 mo
SectorAutomotive, Connected Vehicle, Cyber Security, Predictive Maintenance
Sub-sectorMachine 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
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
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 distribution39th pct
smaller Series B roundslarger
vs. Automotive, Connected Vehicle, Cyber Security, Predictive Maintenance (5)
Round size in sector80th pct
$3Mthis round: $23M$23M
