Amount$12M
Post-money valuation$55M
SeriesSeries B
AnnouncedJul 31, 2019
Time since last round506 mo
SectorHealthcare, Mobile, Blood, Blood Pressure, Glucose
Sub-sectorDeep Learning, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 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 distribution16th pct
smaller Series B roundslarger
Post-money valuation4th pct
$35Mthis round: $55M$2.6B
vs. Healthcare, Mobile, Blood, Blood Pressure, Glucose (4)
Round size in sector50th pct
$9Mthis round: $12M$70M
