Amount$54M
SeriesSeries C
AnnouncedJan 19, 2021
SectorEnterprise, Information Technology (IT)
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C 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 C rounds (999)
Round size distribution56th pct
smaller Series C roundslarger
vs. Enterprise, Information Technology (IT) (17)
Round size in sector100th pct
$1Mthis round: $54M$23M
