Amount$27M
SeriesSeries B
AnnouncedMar 31, 2015
Time since last round13 mo
SectorMobility, Ride Service, App, Ridesharing
Sub-sectorNatural Language Generation, Machine Learning, Deep Learning, Natural Language Processing, Speech Recognition, Computer Vision
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
6 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 distribution45th pct
smaller Series B roundslarger
vs. Mobility, Ride Service, App, Ridesharing (8)
Round size in sector25th pct
$10Mthis round: $27M$250M
