Amount$9M
SeriesSeed
AnnouncedJun 29, 2023
SectorEnterprise, Information Technology (IT)
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Seed round (3.2×).
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
All-new money — no prior investors re-upped.
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. Enterprise, Information Technology (IT) (17)
Round size in sector59th pct
$1Mthis round: $9M$23M