Amount$15M
SeriesStrategic
AnnouncedNov 5, 2021
Time since last round409 mo
SectorFintech, Regulation, Compliance, Crypto
Sub-sectorArtificial Intelligence, Machine Learning, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Strategic round.
Syndicate size
Healthy syndicate of 3 investors.
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. Strategic rounds (48)
Round size distribution67th pct
smaller Strategic roundslarger
vs. Fintech, Regulation, Compliance, Crypto (4)
Round size in sector50th pct
$3Mthis round: $15M$45M
