Amount$25M
SeriesSeries B
AnnouncedNov 8, 2023
Time since last round720 mo
SectorEnterprise, Development, Software, Coding, Generative AI, DevTools, Software Development, Large Language Models (LLMs), Foundational Models
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
7 investors on the cap table.
Insider conviction
5 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. Series B rounds (996)
Round size distribution43th pct
smaller Series B roundslarger
vs. Enterprise, Development, Software, Coding, Generative AI, DevTools, Software Development, Large Language Models (LLMs), Foundational Models (5)
Round size in sector100th pct
$600Kthis round: $25M$25M
