Weak
A weak or unusual round versus its peers.
Round size vs peers
Far above the typical Series B round (7.1× the median) — an outlier.
Syndicate size
Party round (19 investors) — diffuse ownership and signal.
Insider conviction
All-new money — no prior investors re-upped.
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 B rounds (996)
Round size distribution96th pct
smaller Series B roundslarger
