Amount$4M
SeriesPre-Seed
AnnouncedOct 31, 2017
SectorTechnology, AR VR
Sub-sectorArtificial Intelligence
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Pre-Seed round (2.7×).
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Pre-Seed rounds (987)
Round size distribution94th pct
smaller Pre-Seed roundslarger
vs. Technology, AR VR (4)
Round size in sector75th pct
$500Kthis round: $4M$4M