Amount$30M
SeriesPrivate Placement
AnnouncedMar 7, 2023
SectorGeospatial Intelligence
Sub-sectorMachine Learning
RegionUSA
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Larger than the typical Private Placement round (2.8×).
Syndicate size
Single investor — limited external validation.
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. Private Placement rounds (60)
Round size distribution60th pct
smaller Private Placement roundslarger
