Amount$11M
Post-money valuation$55M
SeriesSeed
AnnouncedMay 19, 2022
SectorEnterprise, Cyber Security, Data Protection, Detection, SOC 2, Compliance, HIPAA
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Seed round (4.0×).
Syndicate size
8 investors on the cap table.
Insider conviction
1 existing investor 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.