Amount$25M
SeriesSeries A
AnnouncedDec 31, 2018
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
Larger than the typical Series A round (2.3×).
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
4 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 distribution79th pct
smaller Series A roundslarger
vs. Contextual Speech Recognition, Speech Activated, Speech, Conversational AI, Education, Legal, Media, Enterprise, Transcription, Artificial Intelligence, Dubbing, Localization (8)
Round size in sector25th pct
$11Mthis round: $25M$157M
