Amount$70M
SeriesSeries C
AnnouncedJun 20, 2018
SectorHealthcare, Medical Device, Heart
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Party round (11 investors) — diffuse ownership and signal.
Insider conviction
11 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 C rounds (999)
Round size distribution68th pct
smaller Series C roundslarger
