Amount$15M
SeriesSeries B
AnnouncedFeb 28, 2017
Time since last round806 mo
SectorHealthcare, Adherence, Prevention, App
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
7 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. Series B rounds (996)
Round size distribution20th pct
smaller Series B roundslarger
vs. Healthcare, Adherence, Prevention, App (4)
Round size in sector75th pct
$1Mthis round: $15M$30M