Dear SaaStr: When is a Startup Ready to Raise Venture Capital These Days?
MAY 27, 2023
Dear SaaStr: When is a Startup Ready to Raise Venture Capital These Days? First, bear in mind, start-up fundraising has gotten a lot harder than it’s been the past few years. A lot harder. The latest Carta data summarizes it well: But while raise VC capital has gotten harder, the rough rules in B2B / SaaS haven’t really changed: Seed Round: $10k-$100k a month in revenue Growing 150% annually or more Strong founders, including strong technical co-founder Series A: $2m ARR or more ($