Amount$7M
SeriesSeries A
AnnouncedJul 31, 2016
Time since last round628 mo
SectorEnterprise, Information Technology (IT), Data Warehouse, ETL, Data Analytics
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 distribution23th pct
smaller Series A roundslarger
vs. Enterprise, Information Technology (IT), Data Warehouse, ETL, Data Analytics (4)
Round size in sector75th pct
$1Mthis round: $7M$10M