Funding rounds are self-reported and labeled with no consistency, so founders and investors struggle to obtain useful benchmarks on the early-stage funding journey. Even the basic question – what share of “Seed” companies raise a “Series A” – is difficult to answer with confidence.
We applied a systematic re-labeling of more than 22,000 European funding rounds between January 2012 to September 2018 to allow for consistent and reliable comparisons.
The re-labeled dataset is used to create standardised benchmarks on key fundraising dimensions.
This report is now public and full of new insights about Europe’s early-stage funding. We understand this new methodology, like any other, may raise questions and we welcome feedback. Yet, we are confident it offers a new level of insight on the reality of the early-stage funding journey in Europe.