Amount$30M
SeriesDebt
AnnouncedAug 4, 2016
Time since last round389 mo
SectorSearch, Mobile, App
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Debt round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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. Search, Mobile, App (6)
Round size in sector67th pct
$400Kthis round: $30M$60M
