Amount$60M
SeriesSeries A
AnnouncedMar 1, 2024
SectorEnterprise Software
Sub-sectorMachine Learning
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series A round (5.5× 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.
vs. Series A rounds (995)
Round size distribution93th pct
smaller Series A roundslarger
vs. Enterprise Software (50)
Round size in sector86th pct
$55Kthis round: $60M$100M
