Founder Fridays

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Funding Fridays No. 8

www.founderfridays.co

Funding Fridays No. 8

Kyle Westaway
Feb 25, 2022
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Funding Fridays No. 8

www.founderfridays.co

Happy Friday!

Welcome to Funding Fridays - your Friday morning briefing on startup funding.

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Summary of the Last 12 Weeks


Pre-Seed

Money Raised - $549,231 

Valuation - $1,130,587


Seed

Money Raised - $3,000,000 

Valuation - $8,725,000


Series A

Money Raised - $15,000,000

Valuation - $31,000,000


Series B

Money Raised - $26,945,000

Valuation - $1,159,000,000


Series C

Money Raised - $66,000,000

Valuation - $860,000,000


About Funding Fridays

Funding Fridays is a two-minute Friday morning briefing on startup funding written by Kyle Westaway – Managing Partner of Westaway.

A note on data: I'm using data from Crunchbase. This data has a number of limitations including: (1) Small sample size. (2) Self-reported data. (3) Some companies report the amount raised, but not the valuation or vice versa. In short, our analysis is based on imperfect data, so our analysis will be imperfect. But I hope it still gives founders a general sense of the current funding market. 


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Funding Fridays No. 8

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2 Comments
Neil Adames
Feb 25, 2022

Hi Kyle, Love your newsletters! Super informative and I especially like the non-tech stuff in your Weekend Briefings (I watched the entire canals video multiple times). One suggestion - it would be much more informative if you made the Funding Friday graphs interactive so that people can mouse over the data points and see which companies are contributing to each point. Alternatively, you could add some comments to identify the outliers. Cheers!

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