Focusing on early rounds for maximum growth opportunity.
PRE-SEED ROUND
The pre-seed round typically refers to the period in which an entrepreneur is first getting their operation off the ground. At this stage the founders are trying to sell investors on the idea of the business without typically having a minimal viable product (MVP) or revenue.
SEED ROUND
Startups at this level have already validated their value proposition with a minimal viable product (MVP). Capital from a seed round will help a startup move beyond its founding team, fund product development and facilitate early revenue generation.
SERIES A ROUND
At this stage, the startup is generating strong revenue from its business model. Most Series A investors will be venture capital funds or angel investors. This round is meant to help expand or scale product to a larger market, nationally or possibly internationally.
| CRITERIA | PRE-SEED | SEED | SERIES A |
|---|---|---|---|
| Revenue | €0 | >€5K per month | >€100K per month |
| Product | No MVP | MVP, Beta | Proven |
| Executive Team | Founders | Founders + 1-5 | Founders + 5-20 |
| Target Runway | 3-9 months | 6-18 months | 12-18 months |
| Pre-money Valuation | <€2M | €2M-€5M | €5M-€20M |
| Raise Target Amount | €50K-€250K | €500K-€2M | €2M-€10M |