Amount$70M
SeriesSeries C
AnnouncedSep 24, 2024
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 C round.
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
7 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 C rounds (999)
Round size distribution68th pct
smaller Series C roundslarger
vs. Enterprise, Development, Cyber Security, Automation (5)
Round size in sector100th pct
$8Mthis round: $70M$70M
