Amount$6M
SeriesDebt
AnnouncedJan 11, 2024
SectorBlockchain, Document, Digital, Encryption, Transport and Logistics
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Debt round — well under the median.
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. Blockchain, Document, Digital, Encryption, Transport and Logistics (4)
Round size in sector50th pct
$6Mthis round: $6M$8M
