How much does industry matter in seed-stage startup fundraising?
Quite a bit!
Friday Q&A follows on from last week - more industry maps, but this time for the seed-stage.
How to read the chart:
y-axis is the median pre-money valuation
x-axis is the median amount raised per company in a given industry
bubble size is how many rounds in the dataset
Data comes only from Q4 2022. And yes, I know that climate tech and AI companies are missing from the map - working on it right now!
Note that this data comes from US startups only and is skewed towards those in CA and NY.
FINDINGS:
Gaming companies had the highest median valuations
Energy companies (though few) had the highest median cash raised
Industries clustered around $3M raised and $14M valuation.
Check out the newsletter in the comments to get more detail on seed fundraising from Carta
And leave your question below! Might get your answer in next Friday's Q&A.
#cartadata #preseed #angelinvesting #startups #fundraising #SAFEs
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