Amount$153M
Post-money valuation$1.1B
SeriesSeries B
AnnouncedMar 1, 2018
SectorRobotic Process Automation
Sub-sectorMachine Learning
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series B round (5.5× the median) — an outlier.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 existing investors 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 B rounds (996)
Round size distribution95th pct
smaller Series B roundslarger
Post-money valuation69th pct
$35Mthis round: $1.1B$2.6B
vs. Robotic Process Automation (7)
Round size in sector43th pct
$2Mthis round: $153M$750M
