Amount$4M
SeriesSeries A
AnnouncedApr 18, 2012
SectorMobility, Navigation
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series A round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 distribution7th pct
smaller Series A roundslarger
vs. Mobility, Navigation (7)
Round size in sector14th pct
$4Mthis round: $4M$50M
