Amount$20M
Post-money valuation$100M
SeriesSeries A
AnnouncedMar 13, 2023
SectorCloud, Enterprise, Cyber Security, Incident Response
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
3 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 A rounds (995)
Round size distribution71th pct
smaller Series A roundslarger
Post-money valuation36th pct
$12Mthis round: $100M$1B
