Raise Pre-Seed Funding

A startup needs capital to cover the very first stages of product development. This earliest round of funding is called pre-seed funding.

How Much Funding Do You Need?

Pre-seed funding is used for early-stage activities such as building your MVP, launching it, and initial marketing efforts. Once you’ve registered your company, you’ll also have operational expenses like accounting services and banking fees.

Your pre-seed funding should last until you are able to secure a seed round. With careful planning, it’s possible to build an MVP with relatively modest costs.

Where Does Pre-Seed Funding Come From?

At this point, you have a validated problem and a clear vision for the product you want to build. However, investors rarely put money into just an idea. This often means the team must invest their own funds to reach the next milestone.

Other potential pre-seed funding sources include:

• FFF (Friends, Family & Fools) – Loans or investments from people in your personal network.
• Pitch Competitions – Prize money from startup contests.
• Crowdfunding – Raising funds from a broad audience online.