Amount$6M
SeriesSeries B
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 Series B 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. Series B rounds (996)
Round size distribution5th pct
smaller Series B roundslarger
vs. Blockchain, Document, Digital, Encryption, Transport and Logistics (4)
Round size in sector50th pct
$6Mthis round: $6M$8M
