Amount$25M
Post-money valuation$220M
SeriesSeries B
AnnouncedDec 1, 2016
SectorArtificial Intelligence
Sub-sectorAI Infrastructure
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Backed by established, high-track-record 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 distribution43th pct
smaller Series B roundslarger
Post-money valuation21th pct
$35Mthis round: $220M$2.6B
vs. Artificial Intelligence (650)
Round size in sector72th pct
$20Kthis round: $25M$75M
