Amount$5M
Post-money valuation$55M
SeriesSeed
AnnouncedMar 31, 2020
SectorFace Recognition, Homeland Security
Sub-sectorArtificial Intelligence
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Seed round.
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.