The fundraising environment remains tricky to navigate for startups. Frameworks, like Point 9’s renowned SaaS funding napkins, offer a good a good temperature check on the early stage funding market.
I would not be surprised that the "Seed" column moves to the "PreSeed" column for 2024. If you look at the data from Rightside Capital; more than 54% of VC expect preSeed SaaS companies to be post-revenue in the SaaS space with more than 25%+ requiring $150K ARR minimum.
It seems the market in pre-seed is moving to requiring startups to have a lot more traction (as described in the Seed column) than in years past.
I would not be surprised that the "Seed" column moves to the "PreSeed" column for 2024. If you look at the data from Rightside Capital; more than 54% of VC expect preSeed SaaS companies to be post-revenue in the SaaS space with more than 25%+ requiring $150K ARR minimum.
It seems the market in pre-seed is moving to requiring startups to have a lot more traction (as described in the Seed column) than in years past.