Amount$40M
SeriesSeries B
AnnouncedFeb 28, 2015
Time since last round467 mo
SectorFintech, Credit, Lending, SMB, Invoice Funding, Line of Credit
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
8 investors on the cap table.
Insider conviction
5 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 B rounds (996)
Round size distribution63th pct
smaller Series B roundslarger
vs. Fintech, Credit, Lending, SMB, Invoice Funding, Line of Credit (6)
Round size in sector33th pct
$20Mthis round: $40M$176M
