Amount$11M
SeriesSeries B
AnnouncedMay 31, 2016
Time since last round598 mo
SectorAutomotive, ADAS, Autonomous, Camera, App, Connected Vehicle
Sub-sectorArtificial Intelligence, Computer Vision, Deep Learning, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
4 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 distribution14th pct
smaller Series B roundslarger
vs. Automotive, ADAS, Autonomous, Camera, App, Connected Vehicle (5)
Round size in sector40th pct
$4Mthis round: $11M$53M