Amount$44M
Post-money valuation$300M
SeriesSeries C
AnnouncedApr 1, 2020
SectorContract Lifecycle Management
Sub-sectorNatural Language Processing
RegionUnited States
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C 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. Series C rounds (999)
Round size distribution45th pct
smaller Series C roundslarger
Post-money valuation12th pct
$29Mthis round: $300M$3B
vs. Contract Lifecycle Management (5)
Round size in sector80th pct
$5Mthis round: $44M$85M
