Amount$56M
Post-money valuation$200M
SeriesSeries A
AnnouncedMar 29, 2022
Time since last round335 mo
SectorCyber Security, Data, Enterprise, Generative AI, Data Loss Prevention, Data Security Posture Management (DSPM)
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
Far above the typical Series A round (5.1× the median) — an outlier.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 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. Series A rounds (995)
Round size distribution92th pct
smaller Series A roundslarger
Post-money valuation54th pct
$12Mthis round: $200M$1B
vs. Cyber Security, Data, Enterprise, Generative AI, Data Loss Prevention, Data Security Posture Management (DSPM) (4)
Round size in sector25th pct
$56Mthis round: $56M$300M
