Amount$20M
SeriesSeries A
AnnouncedJan 20, 2021
SectorEnterprise, Development, Cyber Security, Automation
Sub-sectorNatural Language Processing, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Party round (14 investors) — diffuse ownership and signal.
Insider conviction
6 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 A rounds (995)
Round size distribution71th pct
smaller Series A roundslarger
vs. Enterprise, Development, Cyber Security, Automation (5)
Round size in sector40th pct
$8Mthis round: $20M$70M
