Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Seed round round.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
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. Seed round rounds (7)
Round size distribution14th pct
smaller Seed round roundslarger
