Amount$18M
Post-money valuation$100M
SeriesSeed
AnnouncedFeb 9, 2012
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Seed round (6.5× the median) — an outlier.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
