Successful seed funding round suggests ability to raise follow-on capital
How much of a predictor of future fundraising success is a start-up’s ability to secure seed round funding? According to this recent article in Crunchbase News, the answer is pretty good.
From an analysis of start-ups that raised their most recent seed or pre-seed funding in the U.S. between 2011 and 2018, Crunchbase found an average of one in three went on to raise either a Series A or later stage funding round in any subsequent year. Those odds improved significantly when a start-up has raised a seed funding of $1 million or more.
