Amount$63M
SeriesSeries C
AnnouncedJul 7, 2022
Time since last round420 mo
SectorAutomotive, Connected Vehicle, Cyber Security, Predictive Maintenance
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
All-new money — no prior investors re-upped.
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 C rounds (999)
Round size distribution63th pct
smaller Series C roundslarger
vs. Automotive, Connected Vehicle, Cyber Security, Predictive Maintenance (5)
Round size in sector100th pct
$3Mthis round: $63M$23M
