Amount$6M
SeriesSeed
AnnouncedApr 30, 2017
Time since last round517 mo
SectorEnterprise, Information Technology (IT)
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Seed round (2.2×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 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. Enterprise, Information Technology (IT) (17)
Round size in sector35th pct
$1Mthis round: $6M$23M