Amount$100M
SeriesSecondary Transaction
AnnouncedNov 23, 2021
Time since last round212 mo
SectorContextual Speech Recognition, Speech Activated, Speech, Conversational AI, Education, Legal, Media, Enterprise, Transcription, Artificial Intelligence, Dubbing, Localization
Sub-sectorArtificial Intelligence, Deep Learning, Machine Learning, Natural Language Processing, Automatic Speech Recognition, Speech Recognition
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Secondary Transaction round.
Syndicate size
7 investors on the cap table.
Insider conviction
7 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. Secondary Transaction rounds (26)
Round size distribution62th pct
smaller Secondary Transaction roundslarger
vs. Contextual Speech Recognition, Speech Activated, Speech, Conversational AI, Education, Legal, Media, Enterprise, Transcription, Artificial Intelligence, Dubbing, Localization (8)
Round size in sector75th pct
$11Mthis round: $100M$157M
