Amount$8M
SeriesSeries C
AnnouncedSep 14, 2016
SectorEnterprise, Customer Success
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series C round — well under the median.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 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 distribution5th pct
smaller Series C roundslarger
vs. Enterprise, Customer Success (5)
Round size in sector60th pct
$800Kthis round: $8M$16M
