I'm trying to figure out the value of my company for our seed round. I'm currently building the product with a very large company that wants to be a customer and probable investor. We are a SasS company in the senior care market sector. There are two similar companies which had seed rounds in the past year, Filament Labs and Medocity. Filament Labs https://www.crunchbase.com/organization/filament-labs Medocity https://www.crunchbase.com/organization/medocity
Very tactically, at the early stage valuations are mostly arbitrary.
Typically it goes by the market rate, geography, relative strengths of the investors vs founders, growth rates, ARR, etc.
For a $1M seed round (similar to filament):
A VC firm will look to get 10%-20%
A group of angels/seed will look to get 15-25%.
This is assuming you have some traction with good growth.
Your negotiating position and skill will determine which end of the scale it will be. The funding scene is also quite variable based on who you are, and hence YMMV.
[Advising 50+ startups in Microsoft Ventures, seen a dozen angel/seed/VC rounds up-close]
Answered 9 years ago
Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.
Already a member? Sign in