Amount$16M
SeriesSeed
AnnouncedSep 4, 2019
Time since last round398 mo
SectorMarketing, Cannabis, Data, Compliance
Sub-sectorArtificial Intelligence
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Seed round (5.8× the median) — an outlier.
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.