Amount$75M
SeriesCredit Facility
AnnouncedFeb 15, 2024
SectorFintech, Music, Media
Sub-sectorArtificial Intelligence
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Credit Facility round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Credit Facility rounds (48)
Round size distribution44th pct
smaller Credit Facility roundslarger
vs. Fintech, Music, Media (6)
Round size in sector83th pct
$7Mthis round: $75M$75M