Amount$3M
SeriesSeries Unknown
AnnouncedJul 1, 2019
SectorBIO + LIFE SCIENCES
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Series Unknown round — well under the median.
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors 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 Unknown rounds (53)
Round size distribution13th pct
smaller Series Unknown roundslarger
vs. BIO + LIFE SCIENCES (25)
Round size in sector12th pct
$300Kthis round: $3M$100M
