In 2023, the average time between raising a Series A and Series B round increased to 31 months according to Crunchbase. With startup funding falling 67% in 2022, more startups could face a difficult time getting funding. Some predict startups will run out of cash in 2023 with the most fiscally conservative ones run out in 2025 unless conditions change.
See also:
- Running a startup during a recession means having enough runway to get through longer time periods between rounds and adapting to endure
- SaaS benchmarks for Series B
- Startup valution multiples fell from 100 to 39 times ARR in 2023
Links to this note
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A collection of benchmarks for B2B businesses (mostly relevant for early-stage SaaS).