Amount$50M
SeriesSeries D
AnnouncedFeb 21, 2018
SectorMobility, Navigation
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
6 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 D rounds (1,000)
Round size distribution32th pct
smaller Series D roundslarger
vs. Mobility, Navigation (7)
Round size in sector100th pct
$4Mthis round: $50M$50M
