Amount$10M
SeriesSeries A
AnnouncedOct 25, 2011
Time since last round379 mo
SectorFintech, Payments
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series A rounds (995)
Round size distribution43th pct
smaller Series A roundslarger
vs. Fintech, Payments (11)
Round size in sector55th pct
$900Kthis round: $10M$40M
