Amount$34M
SeriesSeries B
AnnouncedNov 30, 2016
Time since last round424 mo
SectorFintech, Insurance, Insurance Carrier
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
7 investors on the cap table.
Insider conviction
6 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. Series B rounds (996)
Round size distribution57th pct
smaller Series B roundslarger
vs. Fintech, Insurance, Insurance Carrier (13)
Round size in sector31th pct
$13Mthis round: $34M$300M