Amount$26M
SeriesSeries B
AnnouncedJun 6, 2023
SectorBlockchain, Document, Digital, Encryption, Transport and Logistics
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
7 investors on the cap table.
Insider conviction
7 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 distribution44th pct
smaller Series B roundslarger
vs. Blockchain, Document, Digital, Encryption, Transport and Logistics (4)
Round size in sector100th pct
$6Mthis round: $26M$8M
