Amount$100K
SeriesConvertible Note
AnnouncedAug 31, 2016
Time since last round334 mo
SectorHealthcare, Medical Imaging, Strokes
Sub-sectorArtificial Intelligence, Deep Learning, Computer Vision
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Convertible Note round — well under the median.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Convertible Note rounds (55)
Round size distribution7th pct
smaller Convertible Note roundslarger
vs. Healthcare, Medical Imaging, Strokes (8)
Round size in sector13th pct
$100Kthis round: $100K$100M
