Amount$13M
Post-money valuation$65M
SeriesSeries A
AnnouncedMar 31, 2016
Time since last round304 mo
SectorE-Commerce, Search
Sub-sectorArtificial Intelligence, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor 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 A rounds (995)
Round size distribution49th pct
smaller Series A roundslarger
Post-money valuation18th pct
$12Mthis round: $65M$1B
vs. E-Commerce, Search (4)
Round size in sector75th pct
$2Mthis round: $13M$15M
