Amount$45M
SeriesSeries B
AnnouncedMay 12, 2022
Time since last round409 mo
SectorFintech, Regulation, Compliance, Crypto
Sub-sectorArtificial Intelligence, Machine Learning, Deep Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
4 existing investors 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. Series B rounds (996)
Round size distribution66th pct
smaller Series B roundslarger
vs. Fintech, Regulation, Compliance, Crypto (4)
Round size in sector100th pct
$3Mthis round: $45M$45M
