Amount$2M
SeriesSeed
AnnouncedMay 31, 2015
Time since last round620 mo
SectorSmart City, Emergency, Indoor GPS, Homeland Security
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Seed round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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. Smart City, Emergency, Indoor GPS, Homeland Security (6)
Round size in sector17th pct
$2Mthis round: $2M$25M
