Amount$200M
SeriesSeries D
AnnouncedJun 29, 2021
SectorCorporate Social Responsibility
Sub-sectorGenerative AI
RegionCanada
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series D round (2.5×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 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 D rounds (1,000)
Round size distribution81th pct
smaller Series D roundslarger
vs. Corporate Social Responsibility (7)
Round size in sector86th pct
$20Mthis round: $200M$200M
