Amount$31M
SeriesSeries C
AnnouncedOct 11, 2012
SectorHealthcare, Ultrasound, Therapy
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
2 investors on the cap table.
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 C rounds (999)
Round size distribution33th pct
smaller Series C roundslarger
vs. Healthcare, Ultrasound, Therapy (5)
Round size in sector40th pct
$14Mthis round: $31M$150M
