Amount$7M
SeriesStrategic
AnnouncedDec 9, 2020
Time since last round473 mo
SectorLocomotive, Cyber Security
Sub-sectorArtificial Intelligence, Machine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Strategic round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Strategic rounds (48)
Round size distribution42th pct
smaller Strategic roundslarger
vs. Locomotive, Cyber Security (4)
Round size in sector50th pct
$5Mthis round: $7M$30M
