Amount$12M
Post-money valuation$30M
SeriesSeries A
AnnouncedJun 7, 2019
Time since last round473 mo
SectorLocomotive, Cyber Security
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
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 A rounds (995)
Round size distribution49th pct
smaller Series A roundslarger
Post-money valuation9th pct
$12Mthis round: $30M$1B
vs. Locomotive, Cyber Security (4)
Round size in sector75th pct
$5Mthis round: $12M$30M
