Amount$15M
SeriesSeries D
AnnouncedMar 29, 2022
SectorInsurance Eligibility & Benefits Verification
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far below the typical Series D round — well under the median.
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. Series D rounds (1,000)
Round size distribution6th pct
smaller Series D roundslarger
vs. Insurance Eligibility & Benefits Verification (33)
Round size in sector36th pct
$15Kthis round: $15M$155M
