Amount$7M
SeriesSeed
AnnouncedOct 24, 2016
SectorBIO + LIFE SCIENCES
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Seed round (2.5×).
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
1 existing investor 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. BIO + LIFE SCIENCES (25)
Round size in sector24th pct
$300Kthis round: $7M$100M
