Amount$40M
SeriesSeries B
AnnouncedSep 8, 2024
SectorEnterprise, Cyber Security, Risk Management
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
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
10 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 distribution63th pct
smaller Series B roundslarger
