Amount$5M
AnnouncedAug 25, 2020
Time since last round11 mo
Mixed
A mixed round — some signals are off the norm.
Syndicate size
Party round (14 investors) — diffuse ownership and signal.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.