Amount$42M
SeriesSeries A
AnnouncedJun 8, 2022
SectorEnterprise, Open Source, Development
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series A round (3.8×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
All-new money — no prior investors re-upped.
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 A rounds (995)
Round size distribution89th pct
smaller Series A roundslarger