Amount$60M
SeriesSeries B
AnnouncedJun 7, 2018
SectorLocal Business Growth Platform
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series B round (2.1×).
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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 B rounds (996)
Round size distribution76th pct
smaller Series B roundslarger
vs. Local Business Growth Platform (7)
Round size in sector71th pct
$500Kthis round: $60M$201M
