Right Now Is the Best Time Ever to Raise Your First 500K

Right Now Is the Best Time Ever to Raise Your First 500K

Author

Peter Walker

|

Read time: 

1 minute

Published date: 

August 16, 2023

More Carta companies raised between $1K and $500K on SAFEs in Q2 2023 than ever before—despite the general VC winter, the earliest funding tier is actually...

LinkedIn: Right Now Is the Best Time Ever to Raise Your First 500K

Right now is the best time ever to raise the first $500K for your startup.

Narrative violation, I know. And to be clear - this funding environment for Seed, Series A, and beyond is downright chilly.

But check out the black line in the chart. More Carta companies raised between $1,000 and $500,000 using SAFEs than had ever done so before - 568 companies in Q2!

Anticipating a few objections:

If you strip out companies that have raised less than $100K - the change is actually even more positive. So it's not just a couple folks raising tiny checks.

If you strip out companies raising in CA and NY - the change is STILL positive.

Peter Walker
Author: Peter Walker
Peter Walker runs the Insights team at Carta, focused on discovering key data and narratives across the private capital ecosystem. In a former life, he was a marketing executive for a media analytics startup and led the data visualization team at the Covid Tracking Project.

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