Amount$15M
SeriesSeries D
AnnouncedJul 16, 2020
SectorHealthcare, Medical Device
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Series D round — well under the median.
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 D rounds (1,000)
Round size distribution6th pct
smaller Series D roundslarger
vs. Healthcare, Medical Device (9)
Round size in sector89th pct
$3Mthis round: $15M$18M
