Funding round
Abnormal AI Series A
Abnormal AI, which works in AI-Powered email security solutions in Las Vegas, raised $24M in a Series A round announced on 19 Nov 2019, led by Greylock Partners. 1 firm took part. It is Abnormal AI's first venture round on record.
$24M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Abnormal AI did not disclose a valuation in this round. It is Abnormal AI's first venture round on record, 1 year after it was founded in 2018. It is 4.5% of the $534M Abnormal AI has raised in the venture rounds on record. Abnormal AI raised again 12 months later: a Series B round of $50M in Nov 2020, at $500M post-money.
Abnormal AI's funding rounds
Abnormal AI has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Greylock Partners led the round.
Lead investor
- Greylock Partners backs 190 venture-backed companies new investor
Comparable rounds
How it compares
1,013 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.5M, and this round was 2.8 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| 1Password Tech Companies | 14 Nov 2019 | $200M | not disclosed | Accel |
| Tech Companies | 5 Nov 2019 | $45M | not disclosed | Insight Partners |
| Tech Companies | 12 Nov 2019 | $40M | not disclosed | Fonds de solidarité FTQ and Investissement Québec |
| Tech Companies | 6 Nov 2019 | $40M | not disclosed | Goldman Sachs |
| Tech Companies | 20 Nov 2019 | $25M | not disclosed | Kleiner Perkins |
| Tech Companies | 13 Nov 2019 | $24M | not disclosed | Accelmed and Mivtach Shamir Holdings Ltd. |
| Starburst Tech Companies | 20 Nov 2019 | $22M | not disclosed | Index Ventures |
| Tech Companies | 13 Nov 2019 | $20M | not disclosed | Shasta Ventures |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Abnormal AI raise in its Series A round?
Abnormal AI raised $24M in its Series A round, announced in Nov 2019.
Who led Abnormal AI's Series A round?
Greylock Partners led it.
What was Abnormal AI's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,013 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.5M, and this round was 2.8 times the median.
Did Abnormal AI raise again after this round?
Yes: a Series B round in Nov 2020 of $50M at $500M post-money.