Amount$1M
SeriesConvertible Note
AnnouncedMar 31, 2016
Time since last round256 mo
SectorPrevention, Healthcare, Prescription Errors, Prescription, Patient Safety, Medication Errors
Sub-sectorMachine Learning, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Convertible Note round.
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor 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. Convertible Note rounds (55)
Round size distribution25th pct
smaller Convertible Note roundslarger
vs. Prevention, Healthcare, Prescription Errors, Prescription, Patient Safety, Medication Errors (4)
Round size in sector75th pct
$300Kthis round: $1M$1M
