Amount$5M
SeriesSeries A
AnnouncedAug 31, 2016
Time since last round15 mo
SectorSmart City, Emergency, Indoor GPS, Homeland Security
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series A 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. Series A rounds (995)
Round size distribution15th pct
smaller Series A roundslarger
vs. Smart City, Emergency, Indoor GPS, Homeland Security (6)
Round size in sector33th pct
$2Mthis round: $5M$25M
