Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series A extension round.
Syndicate size
Healthy syndicate of 4 investors.
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.
vs. Series A extension rounds (11)
Round size distribution9th pct
smaller Series A extension roundslarger
