Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series D round — well under the median.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 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 D rounds (1,000)
Round size distribution6th pct
smaller Series D roundslarger
vs. Media, Publishing (7)
Round size in sector57th pct
$300Kthis round: $15M$18M
