Amount$97M
SeriesSeries D
AnnouncedSep 1, 2016
SectorArtificial Intelligence
Sub-sectorEnterprise AI
RegionUnited States
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 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 D rounds (1,000)
Round size distribution49th pct
smaller Series D roundslarger
vs. Artificial Intelligence (650)
Round size in sector87th pct
$20Kthis round: $97M$75M
