Amount$150M
SeriesDebt
AnnouncedAug 31, 2019
Time since last round467 mo
SectorFintech, Credit, Lending, SMB, Invoice Funding, Line of Credit
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Debt round (2.3×).
Syndicate size
Party round (14 investors) — diffuse ownership and signal.
Insider conviction
7 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. Fintech, Credit, Lending, SMB, Invoice Funding, Line of Credit (6)
Round size in sector83th pct
$20Mthis round: $150M$176M
