Podcast Transcription
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Startup Stories Ep. 42 - Raising a Seed Round in 2026
Maria's traction before fundraising:
- Had approximately $15K in monthly recurring revenue (MRR)
- Three months from first pitch to signed term sheet
- Multiple VCs said they wouldn't have taken the meeting six months earlier without that traction
- Investors in 2026 want to see real traction, not just a slide deck
Welcome back to Startup Stories. Today we're talking about fundraising in the current market. Maria, you just closed a seed round - how was it?
It took about three months from first pitch to signed term sheet. Honestly, the bar has gone up. Investors want to see real traction now, not just a slide deck.
What kind of traction were they looking for specifically?
For us it was monthly recurring revenue. We had around 15K MRR when we started pitching, and that made all the difference. Several VCs told us they wouldn't have taken the meeting six months earlier.
That's a big shift from the 2021 era. Let's dig into the pitch process itself - how many investors did you talk to?
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