Why Seed Rounds Are Growing as Startups Shrink
Tomasz Tunguz
JULY 27, 2025
A decade ago, these smaller rounds formed the backbone of startup financing, comprising over 70% of all seed deals. in 2015 to 37.5% We can decompose the decline to understand what reduced the small seed round & why it matters for founders today. in 2015 to $81.2B What cost $5M in 2015 requires $6.7M
Let's personalize your content