Amount$5M
SeriesSeries A
AnnouncedJul 25, 2024
SectorInsurance Eligibility & Benefits Verification
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Smaller than the typical Series A 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 A rounds (995)
Round size distribution15th pct
smaller Series A roundslarger
vs. Insurance Eligibility & Benefits Verification (33)
Round size in sector33th pct
$15Kthis round: $5M$155M
