Amount$2M
SeriesSeed
AnnouncedMar 29, 2017
SectorLegal, Data
Sub-sectorArtificial Intelligence, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Seed round.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
4 existing investors 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.