Amount$20M
SeriesSeries C
AnnouncedApr 30, 2020
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
Smaller than the typical Series C round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
2 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. Series C rounds (999)
Round size distribution19th pct
smaller Series C roundslarger
vs. Legal, Contract Review (5)
Round size in sector100th pct
$300Kthis round: $20M$20M
