Amount$30M
SeriesSeries A
AnnouncedApr 1, 2017
SectorRobotic Process Automation
Sub-sectorMachine Learning
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series A round (2.7×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 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. Series A rounds (995)
Round size distribution85th pct
smaller Series A roundslarger
vs. Robotic Process Automation (7)
Round size in sector29th pct
$2Mthis round: $30M$750M
