Amount$26M
SeriesSeries A
AnnouncedMay 31, 2022
Time since last round461 mo
SectorEnterprise, Cyber Security
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series A round (2.4×).
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
9 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 A rounds (995)
Round size distribution80th pct
smaller Series A roundslarger
vs. Enterprise, Cyber Security (106)
Round size in sector80th pct
$100Kthis round: $26M$37M
