Amount$1M
SeriesSeed
AnnouncedNov 1, 2014
SectorAccounting Automation
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Seed round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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. Accounting Automation (24)
Round size in sector13th pct
$50Kthis round: $1M$40M