Amount$14M
SeriesSeries B
AnnouncedAug 31, 2015
Time since last round420 mo
SectorIndustrial, Workflow, Transport and Logistics, Shipping
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
5 existing investors 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.
vs. Series B rounds (996)
Round size distribution19th pct
smaller Series B roundslarger
vs. Industrial, Workflow, Transport and Logistics, Shipping (6)
Round size in sector67th pct
$2Mthis round: $14M$44M
