Amount$18M
SeriesSAFE
AnnouncedJul 31, 2024
Time since last round39 mo
SectorEnterprise, Software Development, Observability, Coding
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical SAFE round (3.6×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 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. Enterprise, Software Development, Observability, Coding (4)
Round size in sector50th pct
$4Mthis round: $18M$23M
