Amount$9M
SeriesSeed
AnnouncedFeb 16, 2021
SectorFintech, Third-Party Risk Management (TPRM), Risk Analytics, Risk Management
Sub-sectorArtificial Intelligence, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Seed round (3.2×).
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.