Amount$22M
SeriesSeries B
AnnouncedMar 5, 2015
SectorSMB, Fintech, Enterprise
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 distribution38th pct
smaller Series B roundslarger
vs. SMB, Fintech, Enterprise (4)
Round size in sector50th pct
$10Mthis round: $22M$28M