Amount$3M
SeriesSeed
AnnouncedMar 31, 2016
Time since last round419 mo
SectorLegal, Contract Review
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Seed round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
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. Legal, Contract Review (5)
Round size in sector40th pct
$300Kthis round: $3M$20M
