Amount$98M
SeriesSeries C
AnnouncedDec 16, 2021
SectorHealthcare, Medical Device, Heart
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (2.2×).
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
9 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 distribution76th pct
smaller Series C roundslarger
