Amount$51M
SeriesSeries B
AnnouncedMar 7, 2018
Time since last round5 mo
SectorEnterprise, Travel
Sub-sectorMachine Learning, Natural Language Processing, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series B rounds (996)
Round size distribution72th pct
smaller Series B roundslarger
vs. Enterprise, Travel (11)
Round size in sector36th pct
$4Mthis round: $51M$275M
