Amount$8M
SeriesSeries A
AnnouncedJun 26, 2016
SectorEnterprise, Productivity, Database
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A 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 A rounds (995)
Round size distribution25th pct
smaller Series A roundslarger
vs. Enterprise, Productivity, Database (5)
Round size in sector40th pct
$2Mthis round: $8M$50M
