Amount$12M
Post-money valuation$50M
SeriesSeries A
AnnouncedSep 15, 2020
Time since last round647 mo
SectorData Lake, Observability, DataOps
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 5 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 A rounds (995)
Round size distribution49th pct
smaller Series A roundslarger
Post-money valuation18th pct
$12Mthis round: $50M$1B
