Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Secondary Market round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Secondary Market rounds (18)
Round size distribution33th pct
smaller Secondary Market roundslarger