Amount$12M
SeriesSeries A
AnnouncedMar 31, 2020
Time since last round720 mo
SectorEnterprise, Development, Software, Coding, Generative AI, DevTools, Software Development, Large Language Models (LLMs), Foundational Models
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 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 A rounds (995)
Round size distribution49th pct
smaller Series A roundslarger
vs. Enterprise, Development, Software, Coding, Generative AI, DevTools, Software Development, Large Language Models (LLMs), Foundational Models (5)
Round size in sector60th pct
$600Kthis round: $12M$25M
