Amount$65M
Post-money valuation$800M
SeriesSeries C
AnnouncedJan 1, 2017
SectorArtificial Intelligence
Sub-sectorAI Infrastructure
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors 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 C rounds (999)
Round size distribution64th pct
smaller Series C roundslarger
Post-money valuation40th pct
$29Mthis round: $800M$3B
vs. Artificial Intelligence (650)
Round size in sector83th pct
$20Kthis round: $65M$75M
