Amount$2M
SeriesCredit Facility
AnnouncedJun 6, 2018
Time since last round582 mo
SectorFintech, Open Banking, Rental, Underwriting, Proptech
Sub-sectorArtificial Intelligence
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Credit Facility round — well under the median.
Syndicate size
Single investor — limited external validation.
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. Credit Facility rounds (48)
Round size distribution2th pct
smaller Credit Facility roundslarger
vs. Fintech, Open Banking, Rental, Underwriting, Proptech (5)
Round size in sector20th pct
$2Mthis round: $2M$35M