Amount$10M
SeriesSeries B
AnnouncedMar 14, 2017
SectorDelivery, Transport and Logistics, Mobility
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 3 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 distribution13th pct
smaller Series B roundslarger
vs. Delivery, Transport and Logistics, Mobility (5)
Round size in sector40th pct
$5Mthis round: $10M$30M
