Amount$11M
SeriesSeries B
AnnouncedApr 25, 2018
SectorEnterprise, Employee Management
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
8 investors on the cap table.
Insider conviction
6 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. Series B rounds (996)
Round size distribution14th pct
smaller Series B roundslarger
vs. Enterprise, Employee Management (5)
Round size in sector60th pct
$3Mthis round: $11M$13M
Centrical Series B — Centrical