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Founder Fridays No. 49

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Founder Fridays No. 49

Helping startup founders and operators scale smarter.

Kyle Westaway
Aug 4, 2023
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Founder Fridays No. 49

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Happy Friday! As is my custom, on the first Friday of the month, I share the startup funding data from the previous month.


Did a savvy founder share this with you? Subscribe below.


Pre-Seed


Median Money Raised:

$995,313

Median Post-Money Valuation:

 $8,125,000


Seed


Median Money Raised: 

$2,737,500

Median Post-Money Valuation: 

$18,250,000


Series A


Median Money Raised:

$12,163,125

Median Post-Money Valuation:

$62,375,000


Series B


Median Money Raised: 

$22,400,000

Median Post-Money Valuation:

$140,000,000


Startup Funding Guides

I’ve put together a series of guides to equip founders to excel at fundraising. These guides break down the deal term by term and give you negotiation tips so that you can speak to investors with confidence.

  • SAFE: Guide / Video

  • Convertible Note: Guide / Video

  • Seed: Guide / Video

  • Series A: Guide / Video

  • Web3 Funding: Guide / Video


Move Fast. Don’t Break Things. 

Hi! I’m Kyle. This newsletter is my passion project. When I’m not writing, I run a law firm that helps startups move fast without breaking things. Most founders want a trusted legal partner, but they hate surprise legal bills. At Westaway, we take care of your startup’s legal needs for a flat, monthly fee so you can control your costs and focus on scaling your business. If you’re interested, let’s jump on a call to see if you’re a good fit for the firm. Click here to schedule a 1-on-1 call with me.

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Founder Fridays No. 49

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