Amount$20M
SeriesSeries B
AnnouncedMar 31, 2020
Time since last round640 mo
SectorHealthcare, Cyber Security
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 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 distribution36th pct
smaller Series B roundslarger
vs. Healthcare, Cyber Security (5)
Round size in sector80th pct
$5Mthis round: $20M$30M
