Amount$45M
SeriesSeries B
AnnouncedSep 30, 2018
Time since last round343 mo
SectorWeather, Prediction, Climate, IoT
Sub-sectorArtificial Intelligence, Deep Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
7 investors on the cap table.
Insider conviction
4 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 B rounds (996)
Round size distribution66th pct
smaller Series B roundslarger
vs. Weather, Prediction, Climate, IoT (7)
Round size in sector71th pct
$5Mthis round: $45M$87M