Amount$20M
Post-money valuation$72M
SeriesSeries A
AnnouncedDec 3, 2020
Time since last round222 mo
SectorIndustrial, Construction, IoT, Crane
Sub-sectorMachine Learning, Computer Vision, Deep 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
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 A rounds (995)
Round size distribution71th pct
smaller Series A roundslarger
Post-money valuation18th pct
$12Mthis round: $72M$1B
vs. Industrial, Construction, IoT, Crane (4)
Round size in sector75th pct
$3Mthis round: $20M$80M
