Amount$4M
SeriesSeed
AnnouncedMay 11, 2022
SectorEnterprise, Cyber Security
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Seed round.
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
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. Enterprise, Cyber Security (106)
Round size in sector14th pct
$100Kthis round: $4M$37M