Amount$27M
SeriesSeries A
AnnouncedMar 30, 2022
SectorEnterprise, Cyber Security
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series A round (2.5×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record 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 distribution81th pct
smaller Series A roundslarger
vs. Enterprise, Cyber Security (106)
Round size in sector83th pct
$100Kthis round: $27M$37M
