Amount$21M
SeriesSeries A
AnnouncedMay 5, 2020
Time since last round212 mo
SectorEnterprise, Cyber Security, Cloud, Compliance
Sub-sectorArtificial Intelligence, Machine Learning, Deep Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 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 distribution71th pct
smaller Series A roundslarger
vs. Enterprise, Cyber Security, Cloud, Compliance (5)
Round size in sector40th pct
$7Mthis round: $21M$340M
