Amount$17M
SeriesSeries B
AnnouncedJul 9, 2020
Time since last round431 mo
SectorEnterprise, Cyber Security
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
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 distribution27th pct
smaller Series B roundslarger
vs. Enterprise, Cyber Security (106)
Round size in sector71th pct
$100Kthis round: $17M$37M
