Amount$51M
SeriesSeed
AnnouncedOct 11, 2023
SectorEnterprise, Cyber Security
Sub-sectorArtificial Intelligence
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far above the typical Seed round (18.3× the median) — an outlier.
Syndicate size
Party round (18 investors) — diffuse ownership and signal.
Insider conviction
All-new money — no prior investors re-upped.
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. Enterprise, Cyber Security (106)
Round size in sector94th pct
$100Kthis round: $51M$37M
