Amount$29M
Post-money valuation$100M
SeriesVenture Round
AnnouncedMar 11, 2015
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Venture Round round.
Syndicate size
8 investors on the cap table.
Insider conviction
3 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. Venture Round rounds (110)
Round size distribution50th pct
smaller Venture Round roundslarger
Post-money valuation8th pct
$100Mthis round: $100M$17.3B
