Amount$8M
SeriesSeries A
AnnouncedMar 20, 2014
SectorBlockchain, Document, Digital, Encryption, Transport and Logistics
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 distribution28th pct
smaller Series A roundslarger
vs. Blockchain, Document, Digital, Encryption, Transport and Logistics (4)
Round size in sector75th pct
$6Mthis round: $8M$8M
