Amount$6M
SeriesSeed
AnnouncedJul 31, 2017
Time since last round585 mo
SectorRetail, Warehouse, Delivery, Micro-Fulfillment, E-Commerce, Transport and Logistics
Sub-sectorArtificial Intelligence, Robotics, Machine Learning, Computer Vision
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Seed round (2.2×).
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
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. Retail, Warehouse, Delivery, Micro-Fulfillment, E-Commerce, Transport and Logistics (4)
Round size in sector25th pct
$6Mthis round: $6M$200M
