Amount$40M
SeriesSeries C
AnnouncedJan 31, 2019
Time since last round822 mo
SectorEnterprise, Development, Robotic Process Automation
Sub-sectorArtificial Intelligence, Deep Learning, Computer Vision
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Healthy syndicate of 3 investors.
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 distribution43th pct
smaller Series C roundslarger
vs. Enterprise, Development, Robotic Process Automation (4)
Round size in sector100th pct
$1Mthis round: $40M$15M
