Amount$2M
SeriesSeed
AnnouncedAug 1, 2015
SectorRobotic Process Automation
Sub-sectorMachine Learning
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Seed round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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.
vs. Robotic Process Automation (7)
Round size in sector14th pct
$2Mthis round: $2M$750M