Strong
A strong, well-structured round.
Round size vs peers
In line with the typical seed extension round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
All-new money — no prior investors re-upped.
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. seed extension rounds (10)
Round size distribution20th pct
smaller seed extension roundslarger