Amount$300K
SeriesPre-Seed
AnnouncedSep 30, 2015
Time since last round419 mo
SectorLegal, Contract Review
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Pre-Seed round — well under the median.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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. Pre-Seed rounds (987)
Round size distribution6th pct
smaller Pre-Seed roundslarger
vs. Legal, Contract Review (5)
Round size in sector20th pct
$300Kthis round: $300K$20M
