Amount$2M
Post-money valuation$100M
SeriesSeries B
AnnouncedMar 31, 2015
Time since last round852 mo
SectorMaritime, Government, Insurance, Finance, Energy, Analytics, Intelligence
Sub-sectorArtificial Intelligence, Deep Learning, Machine Learning
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 3 investors.
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 B rounds (996)
Round size distribution0th pct
smaller Series B roundslarger
Post-money valuation9th pct
$35Mthis round: $100M$2.6B
