Amount$57M
SeriesSeries E
AnnouncedSep 5, 2023
Time since last round615 mo
SectorFintech, Cyber Security, IoT, SCADA, Fraud, AML
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series E round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 existing investors 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 E rounds (478)
Round size distribution22th pct
smaller Series E roundslarger
vs. Fintech, Cyber Security, IoT, SCADA, Fraud, AML (6)
Round size in sector100th pct
$4Mthis round: $57M$57M
