Amount$10M
SeriesDebt
AnnouncedOct 28, 2022
Time since last round223 mo
SectorManufacturing, Management, Connected Device, Platform
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far below the typical Debt round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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.
