Amount$35M
Post-money valuation$115M
SeriesSeries B
AnnouncedMar 10, 2022
Time since last round657 mo
SectorEnterprise, Cyber Security, Cyber Intelligence
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
5 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 B rounds (996)
Round size distribution58th pct
smaller Series B roundslarger
Post-money valuation10th pct
$35Mthis round: $115M$2.6B
vs. Enterprise, Cyber Security, Cyber Intelligence (4)
Round size in sector100th pct
$1Mthis round: $35M$35M