Amount$30M
SeriesSeed
AnnouncedJul 8, 2024
Valuation step-up0.0×
Time since last round212 mo
SectorCyber Security, Enterprise
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Seed round (10.8× the median) — an outlier.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Cyber Security, Enterprise (31)
Round size in sector87th pct
$200Kthis round: $30M$33M