Amount$7M
SeriesSeries A
AnnouncedFeb 28, 2017
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 Series A round.
Syndicate size
Healthy syndicate of 5 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. Series A rounds (995)
Round size distribution23th pct
smaller Series A roundslarger
vs. Legal, Contract Review (5)
Round size in sector60th pct
$300Kthis round: $7M$20M
