Amount$23M
SeriesSeries A
AnnouncedApr 24, 2024
SectorCyber Security, Enterprise
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series A round (2.1×).
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
1 existing investor 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 distribution74th pct
smaller Series A roundslarger
vs. Cyber Security, Enterprise (31)
Round size in sector77th pct
$200Kthis round: $23M$33M
