Amount$20M
SeriesSeries A
AnnouncedMar 9, 2022
SectorDevOps, Enterprise, Development
Sub-sectorArtificial Intelligence, Deep Learning, Natural Language Processing, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 4 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. Series A rounds (995)
Round size distribution71th pct
smaller Series A roundslarger
vs. DevOps, Enterprise, Development (5)
Round size in sector60th pct
$1Mthis round: $20M$50M
