Amount$25M
SeriesSeries C
AnnouncedFeb 28, 2017
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 C round.
Syndicate size
8 investors on the cap table.
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 C rounds (999)
Round size distribution25th pct
smaller Series C roundslarger
vs. Industrial, Workflow, Transport and Logistics, Shipping (6)
Round size in sector83th pct
$2Mthis round: $25M$44M
