Amount$13M
SeriesSeries A
AnnouncedJun 26, 2024
SectorTelecommunications
Sub-sectorAI-native operating system
RegionCanada
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
1 existing investor 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.
vs. Series A rounds (995)
Round size distribution51th pct
smaller Series A roundslarger
vs. Telecommunications (34)
Round size in sector15th pct
$10Mthis round: $13M$1.9B
