Amount$70M
SeriesSeries B
AnnouncedApr 28, 2025
Time since last round9 mo
SectorEnterprise, Software Development, Observability, Coding
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series B round (2.5×).
Syndicate size
Healthy syndicate of 6 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. Series B rounds (996)
Round size distribution80th pct
smaller Series B roundslarger
vs. Enterprise, Software Development, Observability, Coding (4)
Round size in sector100th pct
$4Mthis round: $70M$23M