Amount$6M
SeriesSeries B
AnnouncedApr 30, 2018
Time since last round10 mo
SectorHealthcare, Genomics, Genomic Data, Next Generation Sequencing
Sub-sectorDeep Learning, Machine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series B round — well under the median.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 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 distribution6th pct
smaller Series B roundslarger