Amount$102M
SeriesSeries D
AnnouncedJun 17, 2020
Time since last round406 mo
SectorFintech, Asset Management, Fixed Income, Credit, Lending
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution59th pct
smaller Series D roundslarger
vs. Fintech, Asset Management, Fixed Income, Credit, Lending (8)
Round size in sector88th pct
$1Mthis round: $102M$102M
