Amount$50M
SeriesSeries B
AnnouncedOct 7, 2021
SectorArtificial Intelligence
Sub-sectorGenerative AI
RegionUSA
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
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.
vs. Series B rounds (996)
Round size distribution72th pct
smaller Series B roundslarger
vs. Artificial Intelligence (650)
Round size in sector81th pct
$20Kthis round: $50M$75M
