Amount$7M
Post-money valuation$22M
SeriesSeed
AnnouncedFeb 28, 2018
Time since last round1350 mo
SectorEye Tracking, IoT
Sub-sectorArtificial Intelligence, Computer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Seed round (2.5×).
Syndicate size
Single investor — limited external validation.
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.