Amount$85M
SeriesSeries D
AnnouncedMay 1, 2022
SectorContract Lifecycle Management
Sub-sectorNatural Language Processing
RegionUnited States
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series D 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. Series D rounds (1,000)
Round size distribution48th pct
smaller Series D roundslarger
vs. Contract Lifecycle Management (5)
Round size in sector100th pct
$5Mthis round: $85M$85M
