Amount$40M
AnnouncedMar 8, 2022
Time since last round18 mo
Mixed
A mixed round — some signals are off the norm.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
7 existing investors re-upped — insiders doubling down.
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.