Amount$30M
SeriesSeries B
AnnouncedSep 30, 2019
Time since last round371 mo
SectorAutomotive, Cyber Security, Connected Vehicle
Sub-sectorDeep Learning, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
3 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 distribution54th pct
smaller Series B roundslarger
vs. Automotive, Cyber Security, Connected Vehicle (5)
Round size in sector80th pct
$2Mthis round: $30M$36M