Amount$12M
SeriesSeries B
AnnouncedSep 30, 2017
Time since last round822 mo
SectorEnterprise, Development, Robotic Process Automation
Sub-sectorArtificial Intelligence, Deep Learning, Computer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than 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
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 B rounds (996)
Round size distribution16th pct
smaller Series B roundslarger
vs. Enterprise, Development, Robotic Process Automation (4)
Round size in sector50th pct
$1Mthis round: $12M$15M
