Amount$8M
SeriesSeries B
AnnouncedSep 13, 2018
Time since last round435 mo
SectorWeather, App, Intelligence
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 6 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 B rounds (996)
Round size distribution7th pct
smaller Series B roundslarger
vs. Weather, App, Intelligence (6)
Round size in sector83th pct
$400Kthis round: $8M$8M