Amount$5M
SeriesSeries B
AnnouncedJun 30, 2015
Time since last round475 mo
SectorHealthcare, Emergency Room, Electronic Medical Records
Sub-sectorArtificial Intelligence
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Series B round — well under the median.
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
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 distribution4th pct
smaller Series B roundslarger
vs. Healthcare, Emergency Room, Electronic Medical Records (6)
Round size in sector67th pct
$300Kthis round: $5M$9M