Amount$10M
SeriesSeries A
AnnouncedOct 31, 2016
Time since last round1156 mo
SectorEnterprise, Information Technology (IT)
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
1 existing investor 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 A rounds (995)
Round size distribution43th pct
smaller Series A roundslarger
vs. Enterprise, Information Technology (IT) (17)
Round size in sector71th pct
$1Mthis round: $10M$23M