Amount$15M
SeriesSeries B
AnnouncedJan 11, 2016
SectorHealthcare, Medical Device
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
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 distribution24th pct
smaller Series B roundslarger
vs. Healthcare, Medical Device (9)
Round size in sector89th pct
$3Mthis round: $15M$18M
