Amount$40M
SeriesSeries C
AnnouncedMay 31, 2016
Time since last round455 mo
SectorRetail, Visual Monitor
Sub-sectorArtificial Intelligence, Machine Learning, Computer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
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 distribution43th pct
smaller Series C roundslarger
vs. Retail, Visual Monitor (11)
Round size in sector55th pct
$7Mthis round: $40M$125M