Amount$20M
SeriesSecondary Transaction
AnnouncedNov 9, 2021
Time since last round455 mo
SectorMedia, Text Recognition, Text, Internet, Content Moderation
Sub-sectorArtificial Intelligence, Natural Language Processing, Machine Learning
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Secondary Transaction round — well under the median.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
9 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. Secondary Transaction rounds (26)
Round size distribution4th pct
smaller Secondary Transaction roundslarger
vs. Media, Text Recognition, Text, Internet, Content Moderation (6)
Round size in sector33th pct
$13Mthis round: $20M$170M
