Amount$8M
SeriesSeries B
AnnouncedJul 24, 2008
SectorFintech, Payments, Tax
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
2 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. Series B rounds (996)
Round size distribution8th pct
smaller Series B roundslarger
vs. Fintech, Payments, Tax (6)
Round size in sector50th pct
$2Mthis round: $8M$300M
