Amount$60M
Post-money valuation$300M
SeriesSeries C
AnnouncedOct 8, 2014
SectorMobile
Sub-sectorMachine Learning
RegionSweden
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Healthy syndicate of 3 investors.
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 distribution62th pct
smaller Series C roundslarger
Post-money valuation12th pct
$29Mthis round: $300M$3B
