Amount$88M
Post-money valuation$1.7B
SeriesSeries D
AnnouncedNov 1, 2018
SectorArtificial Intelligence
Sub-sectorAI Infrastructure
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 6 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 D rounds (1,000)
Round size distribution48th pct
smaller Series D roundslarger
Post-money valuation57th pct
$65Mthis round: $1.7B$6B
vs. Artificial Intelligence (650)
Round size in sector86th pct
$20Kthis round: $88M$75M
