Amount$27M
SeriesSeries B
AnnouncedApr 7, 2016
Time since last round487 mo
SectorEnterprise, Intelligence
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 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.
vs. Series B rounds (996)
Round size distribution45th pct
smaller Series B roundslarger
vs. Enterprise, Intelligence (13)
Round size in sector69th pct
$600Kthis round: $27M$45M
