Amount$12M
SeriesSeries B
AnnouncedMay 31, 2013
Time since last round888 mo
SectorFintech, Personal, Banking, Chatbot
Sub-sectorArtificial Intelligence, Natural Language Processing, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 3 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 B rounds (996)
Round size distribution14th pct
smaller Series B roundslarger
vs. Fintech, Personal, Banking, Chatbot (4)
Round size in sector50th pct
$7Mthis round: $12M$85M
