Amount$12M
SeriesSeries B
AnnouncedJul 12, 2016
SectorContract Lifecycle Management
Sub-sectorNatural Language Processing
RegionUnited States
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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 B rounds (996)
Round size distribution17th pct
smaller Series B roundslarger
vs. Contract Lifecycle Management (5)
Round size in sector40th pct
$5Mthis round: $12M$85M
