Amount$25M
SeriesSeries A
AnnouncedJul 27, 2021
Time since last round609 mo
SectorHealthcare, Patient Data, Medical Coding, Risk Analytics
Sub-sectorNatural Language Processing, Natural Language Understanding
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series A round (2.3×).
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record 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 distribution79th pct
smaller Series A roundslarger
vs. Healthcare, Patient Data, Medical Coding, Risk Analytics (5)
Round size in sector80th pct
$2Mthis round: $25M$47M
