Amount$12M
SeriesSeries A
AnnouncedNov 2, 2016
SectorData, Automotive, IoT, Telematics
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 4 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 distribution49th pct
smaller Series A roundslarger
vs. Data, Automotive, IoT, Telematics (4)
Round size in sector50th pct
$3Mthis round: $12M$46M
