Amount$5M
SeriesSeries B
AnnouncedJun 30, 2017
Time since last round913 mo
SectorEnterprise, Customer Support
Sub-sectorArtificial Intelligence, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series B round — well under the median.
Syndicate size
Healthy syndicate of 4 investors.
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 B rounds (996)
Round size distribution4th pct
smaller Series B roundslarger
vs. Enterprise, Customer Support (5)
Round size in sector100th pct
$600Kthis round: $5M$2M