Fall 2023 Startup Fundraising Data From Carta

Fall 2023 Startup Fundraising Data From Carta

Author:Β 

Peter Walker

|

Read time:Β 

1 minute

Published date:Β 

September 5, 2023

Primary rounds only, raised in the last 60 days from 38,000 US cap tables: pre-seed, seed, and Series A medians and ranges to help founders calibrate their...

LinkedIn: Fall 2023 Startup Fundraising Data From Carta

Founders - fall fundraising is officially here. Use our data on valuations and round sizes to help you negotiate with investors.

This is the freshest possible fundraising data, hand-picked just this morning from across the Carta platform. Locally sourced from 38,000 of the finest cap tables in the US.

Primary rounds only, raised in the last 60 days.

The pre-seed figures are for companies using post-money SAFEs and raising less than $1 million total (to remove the influence of "seed on SAFEs" rounds).

To the data!

𝗣𝗿𝗲-𝗦𝗲𝗲𝗱

  • $7.5M median valuation cap with $466K raised

  • Drifted slightly downward over the last 60 days, but still the most active part of the venture market

𝗣𝗿𝗢𝗰𝗲𝗱 𝗦𝗲𝗲𝗱

  • $3.1M raised on a $14.4M pre-money valuation

  • Implied valuation increase of 1.9x from pre-seed

  • Median valuations are now close to 2021 levels, though number of rounds is far below peak

π—¦π—²π—Ώπ—Άπ—²π˜€ 𝗔

  • $10.7M raised on a $39M valuation

  • 2.7x jump from Seed valuation

  • Basically flat from Q2

π—¦π—²π—Ώπ—Άπ—²π˜€ 𝗕

  • $20.5M on $85M valuation

  • 2.2x jump from Series A

  • Actually a little decline from Q2

π—¦π—²π—Ώπ—Άπ—²π˜€ 𝗖

  • $31.5M raised on $255M pre-money val

  • Not a lot of rounds happening here, still a very constricted market

If you want more specific info for your industry or location, shout it out in the comments and I'll try to answer :)

Here's to a fall full of fundraising!

#cartadata #startups #valuations #Seed #SeriesA #founders

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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