Amount$5M
SeriesSeries A
AnnouncedFeb 28, 2014
Time since last round420 mo
SectorIndustrial, Workflow, Transport and Logistics, Shipping
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series A round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 A rounds (995)
Round size distribution11th pct
smaller Series A roundslarger
vs. Industrial, Workflow, Transport and Logistics, Shipping (6)
Round size in sector50th pct
$2Mthis round: $5M$44M
