Amount$16M
SeriesSeries B
AnnouncedFeb 28, 2019
Time since last round1612 mo
SectorRetail, Analytics
Sub-sectorMachine Learning, Natural Language Processing, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
1 existing investor 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 distribution25th pct
smaller Series B roundslarger
vs. Retail, Analytics (5)
Round size in sector100th pct
$2Mthis round: $16M$7M