Amount$3M
SeriesSeed
AnnouncedJul 6, 2005
SectorEnterprise Software
RegionUnited States
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Seed round.
Syndicate size
Single investor — limited external validation.
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. Enterprise Software (50)
Round size in sector16th pct
$55Kthis round: $3M$100M