Amount$40M
SeriesSeries B
AnnouncedMar 4, 2024
SectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
7 investors on the cap table.
Insider conviction
4 existing investors 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 distribution63th pct
smaller Series B roundslarger
vs. Artificial Intelligence (650)
Round size in sector77th pct
$20Kthis round: $40M$75M
