Amount$26M
SeriesSeries B
AnnouncedMay 23, 2024
Time since last round477 mo
SectorFintech, Observability, DevOps, Development
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series B rounds (996)
Round size distribution44th pct
smaller Series B roundslarger
vs. Fintech, Observability, DevOps, Development (4)
Round size in sector75th pct
$5Mthis round: $26M$40M