Amount$31M
SeriesSeries B
AnnouncedDec 31, 2019
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 Series B round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 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 B rounds (996)
Round size distribution54th pct
smaller Series B roundslarger
vs. Contextual Speech Recognition, Speech Activated, Speech, Conversational AI, Education, Legal, Media, Enterprise, Transcription, Artificial Intelligence, Dubbing, Localization (8)
Round size in sector38th pct
$11Mthis round: $31M$157M
