Amount$95M
AnnouncedApr 6, 2018
SectorReal Estate, Proptech
Mixed
A mixed round — some signals are off the norm.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
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. Real Estate, Proptech (6)
Round size in sector50th pct
$15Mthis round: $95M$100M
