Latest posts.

Thank you

Thanks for reaching out. We will get back to you soon
Oops! Something went wrong while submitting the form.

Raising a seed round is a critical milestone for startups. Investors at this stage are looking for early traction, strong teams, and scalable business models.

Here are 15 seed-stage startups who successfully closed funding rounds in the last month, securing capital to accelerate product development, expand teams, and scale operations. From AI infrastructure to blockchain, cloud security, and healthcare tech, these startups are tackling major industry challenges and attracting top-tier investors.

1. Positron: $23.5M for AI inference hardware

Positron is developing next-generation hardware for LLM (large language model) inference, optimizing AI performance while reducing energy consumption.

  • Industry: Artificial Intelligence, Semiconductor
  • Location: Reno, NV
  • Lead Investors: Atreides Management, Flume Ventures, Resilience Reserve, Valor Equity Partners
  • Website: positron.ai

2. Backline AI: $9M for AI-powered security automation

Backline AI is an AI-driven platform that accelerates security workflows, automating backlog clearance and risk assessments.

  • Industry: Artificial Intelligence, Cloud Security
  • Location: Englewood, NJ
  • Lead Investor: StageOne Ventures
  • Other Investors: Evolution Equity Partners, Gradient
  • Website: backline.ai

3. Fluent Labs: $8M to advance blockchain infrastructure

Fluent Labs is a blockchain development company focused on Web3 solutions, decentralized applications, and cryptocurrency technologies.

  • Industry: Blockchain, Cryptocurrency, Web3
  • Location: California City, CA
  • Lead Investor: Polychain
  • Other Investors: Balaji Srinivasan, dao5, Nomad Capital, Symbolic Capital
  • Website: fluent.xyz

4. Affineon Health: $5M to transform healthcare inbox management

Affineon Health is an AI-powered platform that streamlines provider communication, improving efficiency and reducing administrative burdens in healthcare.

  • Industry: Health Care
  • Location: Denver, CO
  • Lead Investor: Green Park & Golf Ventures
  • Other Investors: AI Fund, Deepwater Asset Management, Signal Peak Ventures
  • Website: affineon.com

5. Presto: $15M to power next-gen EV charging

Presto is developing a software platform that enhances fleet and mobility charging experiences, optimizing accessibility and efficiency.

  • Industry: Clean Tech, Mobility
  • Location: Oakland, CA
  • Lead Investors: Congruent Ventures, Jetstream, Powerhouse Ventures, Union Square Ventures
  • Website: prestocharging.com

6. Athenic AI: $4.3M to advance AI-driven data analytics

Athenic AI is a SaaS-based analytics platform that helps businesses solve complex data problems using AI-powered insights.

  • Industry: AI, SaaS
  • Location: San Francisco, CA
  • Lead Investor: BMW i Ventures
  • Other Investors: 10vc, Abstraction Capital, Beat Ventures, Boost VC, Scrum Ventures
  • Website: athenic.com

7. PHȲND: $10M to revolutionize cloud gaming

PHȲND is a subscription-free cloud gaming platform that lets users discover, play, and socialize across a variety of games.

  • Industry: Gaming, Media
  • Location: Stamford, CT
  • Lead Investor: Wellington Management
  • Other Investors: Bessemer Venture Partners, Connecticut Innovations, Jozy Altidore
  • Website: phynd.co

8. Keragon: $7.5M for HIPAA-compliant automation

Keragon is building a secure workflow automation platform designed for healthcare compliance, streamlining administrative processes.

  • Industry: Health Tech
  • Location: Boston, MA
  • Lead Investor: Upfront Ventures
  • Other Investors: 25madison, Afore Capital, focal
  • Website: keragon.com

9. Final Round AI: $6.88M to transform job interview prep

Final Round AI is an AI-native platform built to assist job seekers with interview coaching, resume optimization, and career preparation.

  • Industry: AI, Employment
  • Location: San Francisco, CA
  • Lead Investors: Alumni Ventures, Uncork Capital
  • Other Investors: AltaIR Capital, Goodwater Capital, Ritual Capital, Sky9 Capital, Soma Capital
  • Website: finalroundai.com

10. Trace.Space: $4M to optimize AI-powered product development

Trace.Space is an AI-powered platform for engineers building industrial products, improving requirements management and collaboration.

  • Industry: AI, Product Design
  • Location: Miami, FL
  • Lead Investor: Cherry Ventures
  • Other Investors: Change Ventures, Fiedler Capital, Nebular, Outlast Fund
  • Website: trace.space

11. Validated: $5.5M to power AI-driven performance marketing

Validated helps companies acquire users via AI-powered performance advertising solutions.

  • Industry: Marketing Automation, SaaS
  • Location: Seattle, WA
  • Lead Investor: Canaan Partners
  • Other Investors: J Ventures, Neo, Scott Banister, Steve Huffman
  • Website: valid.co

12. Mobly: $4.3M for AI-powered sales and mobile ops

Mobly is a SaaS platform that provides mobile software, data hygiene, and sales automation for businesses.

  • Industry: SaaS, Mobile Apps
  • Location: Lehi, UT
  • Lead Investors: Eniac Ventures, Jump Capital
  • Other Investors: Element Ventures, Peterson Ventures
  • Website: getmobly.com

13. Keebler Health: $6M for AI-based risk adjustment in healthcare

Keebler Health is developing an AI-powered risk adjustment tool for healthcare providers to improve billing efficiency.

  • Industry: AI, Health Tech
  • Location: Durham, NC
  • Lead Investors: Everywhere Ventures, Freestyle Capital, Hustle Fund, Ludlow Ventures
  • Website: keebler.health

14. Self Inspection: $3M to streamline AI-powered auto inspections

Self Inspection is a provider of an AI-powered platform for the automotive inspection market.

  • Industry: AI, Automotive
  • Location: San Diego, CA
  • Lead Investors: Costanoa Ventures, DVx Ventures
  • Website: selfinspection.com

15. Accrue: $1.58M for cross-border payments and virtual USD cards

Accrue offers financial services for cross-border payments and virtual USD cards across Africa.

  • Industry: Finance, Payments
  • Location: Dover, DE
  • Lead Investor: Lattice Fund
  • Other Investors: Distributed Capital Partners, Kraynos Capital, Maven 11 Capital
  • Website: useaccrue.com

💡 Seed funding stays strong in AI, Web3, and Health Tech

Investors continue backing AI, Web3, and healthcare startups that demonstrate early traction and scalable business models.

Looking for seed-stage investors for your startup? Capwave AI provides investor-grade pitch deck feedback, an expert-led masterclass, and AI personalized investor matches to supercharge your next raise.

🔗 Find investors who fit your startup now →

Raising a pre-seed round is a massive milestone. At this stage, investors are betting on founders, market opportunity, and execution potential. Not just revenue numbers.

Here’s a list of 15 early-stage startups who recently closed their pre-seed funding round in January and February of 2025. At this stage, they’re securing capital to build, scale, and validate their vision. From AI automation to clean energy and fintech, these companies are tackling some of the biggest challenges in their industries.

Here’s a look at the startups that just raised, what they’re building, and who’s backing them.

1. Everstar: $4M for AI-powered nuclear plant management

Everstar is developing an AI-driven system to optimize the operation and management of nuclear power plants, improving safety, efficiency, and overall plant performance.

  • Industry: Artificial Intelligence, Energy, Industrial Tech
  • Location: New York, NY
  • Lead Investor: Third Prime
  • Other Investors: Excel Services, Generational Partners, Page One Ventures, Pelican Energy Partners, Virta Ventures
  • Website: everstar.ai

2. Limited: $3M to build a global self-custodial finance platform

Limited is creating a financial ecosystem that allows users to spend, save, invest, and transact globally without relying on traditional banks.

  • Industry: FinTech
  • Location: San Francisco, CA
  • Lead Investor: Third Prime
  • Other Investors: Arche Capital, The House Fund
  • Website: limitedapp.com

3. Sotira: $2M to modernize B2B logistics

Sotira is reinventing the supply chain by optimizing logistics for suppliers and buyers, helping businesses cut costs and improve efficiency.

  • Industry: B2B, E-Commerce, FinTech, Logistics, SaaS
  • Location: San Francisco, CA
  • Lead Investors: K5 Global, Night Capital, Ritual Capital, Unusual Ventures
  • Website: sotira.co

4. Future AGI: $1.6M to accelerate AI application development

Future AGI provides a platform that helps businesses build, train, and deploy AI models faster and with greater accuracy.

  • Industry: Artificial Intelligence, IT, Software
  • Location: San Francisco, CA
  • Lead Investors: Powerhouse Ventures, Snow Leopard Technology Ventures
  • Other Investors: AngelList Quant Fund, Saka Ventures, Swadharma Source Ventures
  • Website: futureagi.com

5. Elio: $2M to coordinate and accelerate climate action

Elio is building a communication and coordination platform designed to streamline sustainability projects and climate initiatives.

  • Industry: Big Data, Sustainability, Software
  • Location: Dover, DE
  • Lead Investor: Ananda Impact Ventures
  • Other Investors: Andreas Treichl, Cerulean Ventures, N&V Capital, Overview, RHEINEST, Stefan Oschmann, We\R
  • Website: elio.earth

6. Pinkfish: $7.6M to revolutionize enterprise AI automation

Pinkfish is making enterprise automation more accessible by allowing businesses to create workflows using natural language.

  • Industry: Artificial Intelligence, IT, Robotic Process Automation (RPA)
  • Location: San Francisco, CA
  • Lead Investor: Norwest Venture Partners
  • Other Investors: Storm Ventures
  • Website: pinkfish.ai

7. Addis Energy: $4.25M to transform clean ammonia production

Addis Energy is developing innovative methods to produce clean ammonia, aiming to revolutionize energy and fuel sustainability.

  • Industry: Chemical, Manufacturing, Clean Energy
  • Location: Somerville, MA
  • Lead Investors: Engine Ventures, Pillar VC, Voyager Ventures
  • Website: addisenergy.com

8. Systole Health: $2M to empower women’s heart health

Systole Health provides digital tools and solutions to help women take control of their heart health and prevent cardiovascular disease.

  • Industry: Health Care, Medical
  • Location: Allston, MA
  • Lead Investor: Benchstrength
  • Other Investors: J Ventures, January Ventures, Tom X Lee
  • Website: systolehealth.com

9. Gaia Dynamics: $1.5M to simplify global trade compliance

Gaia Dynamics is developing tools that help customs brokers, consultants, and brands navigate international trade with ease.

  • Industry: Logistics, TradeTech
  • Location: Palo Alto, CA
  • Lead Investors: AI Fund, Zenda
  • Website: gaiadynamics.ai

10. Human: $7.3M for decentralized identity and fintech

Human is creating a blockchain-based identity management platform focused on financial independence and security.

  • Industry: Blockchain, Consumer, FinTech
  • Location: San Francisco, CA
  • Investors: Hummingbird Ventures, Soma Capital, Val Vavilov, Pioneer Fund
  • Website: human.org

11. Whetstone Research: $1.3M to advance on-chain markets

Whetstone Research is building protocols that facilitate decentralized finance (DeFi) and Web3 market infrastructure.

  • Industry: Blockchain, DeFi, Web3
  • Location: New York, NY
  • Investors: Variant, Uniswap Labs, Nascent, Figment Capital
  • Website: whetstone.cc

12. Glue: $2M to automate hardware testing

Glue is developing a software framework that automates hardware testing for industrial automation and AI-driven systems.

  • Industry: Artificial Intelligence, Industrial Automation, Software
  • Location: Seattle, WA
  • Investors: Fortive, AIStudio Fund, PSL Ventures
  • Website: gluestudio.com

13. Incept AI: $3M to bring AI voice tech to drive-thrus

Incept AI is integrating AI-powered voice recognition into real-world applications, starting with phone orders and restaurant drive-thrus.

  • Industry: Artificial Intelligence, Software
  • Location: New York, NY
  • Investors: Rally Ventures, 10vc
  • Website: incept.ai

14. Qumis: $2.2M to streamline insurance workflows with AI

Qumis is an AI-driven platform designed to optimize insurance knowledge management and decision-making.

  • Industry: Enterprise Software, InsurTech
  • Location: Chicago, IL
  • Investors: Armory Square Ventures, BrokerTech Ventures, MTech Capital, Alumni Ventures
  • Website: qumis.ai

15. Taxflow: $750K to bring AI to tax and accounting firms

Taxflow is developing AI-powered agents designed to streamline tax preparation and accounting for U.S. firms, automating complex financial workflows.

  • Industry: Accounting, Artificial Intelligence, Tax Preparation, Web Development
  • Location: San Francisco, CA
  • Investors: BFF, Brian Requarth, Brian York, Platanus
  • Website: jointaxflow.ai

More early-stage funding is flowing, but competition remains fierce

Pre-seed startups are still securing funding, but investors are more selective than ever. The startups that raised this month stood out with clear market opportunities, strong teams, and scalable visions.

If you’re gearing up for a raise, the right investor connections can make all the difference. Match with yours on Capwave.AI.

🔗 Get matched with investors who fit your startup →

One of the most common questions founders ask is: How much should I raise? The answer isn’t as simple as picking a number. It depends on your startup’s stage, growth trajectory, and fundraising strategy. Raise too little, and you risk running out of cash before hitting critical milestones. Raise too much, and you could over-dilute your equity.

So, how do you determine the right amount? Let’s break it down with data-driven insights and strategic considerations.

1. Market benchmarks: what’s normal?

Before deciding how much to raise, it’s essential to understand what’s happening in the market. Investors assess startups based on funding trends, industry norms, and capital efficiency. The Carta US Startup Cheat Sheet H2 2024 provides up-to-date benchmarks on round sizes, valuations, and dilution trends across different funding stages. Reviewing these benchmarks can help ensure your ask aligns with market expectations.

Here’s a general guideline based on recent market data:

  • Pre-Seed: $500K – $1.5M
  • Seed: $2M – $5M
  • Series A: $8M – $15M
  • Series B: $20M+

These numbers can vary by industry and geography, but they provide a useful reference point.

2. Raising enough to hit key milestones

Investors expect each funding round to help you de-risk your startup and move closer to profitability. The amount you raise should cover the costs of achieving specific milestones that will justify a higher valuation at the next round.

Typical investor expectations by funding stage:

  • Pre-Seed → Seed. Prove your MVP works, secure early customers, and validate your go-to-market strategy.
  • Seed → Series A. Show meaningful traction. For SaaS, this often means $1M+ ARR or 50K+ monthly active users for consumer apps.
  • Series A → Series B. Investors expect scalable growth, strong unit economics, and a repeatable sales process. Growth rates of 2-3x year-over-year are common expectations.

💡 Reverse-engineering your funding needs based on expected milestones ensures you raise enough to reach the next round without over-diluting equity.

3. The 18-24 month runway rule: how to calculate your raise

One of the golden rules of startup fundraising is ensuring your round gives you at least 18-24 months of runway.

Why this matters:

  • Fundraising takes time. Most rounds take 6+ months to close, and you don’t want to raise under pressure.
  • Market conditions fluctuate. Raising too soon could mean settling for less favorable terms if the market shifts.
  • Growth milestones take longer than expected. Scaling a sales team or refining product-market fit often requires more time than anticipated.

How to calculate your fundraising target:

(Monthly Burn Rate × 18−24 months) + Buffer for unexpected costs

  • Example: If your startup burns $100K per month and you want a 24-month runway: $100K x 24 = $2.4M
  • After factoring in unexpected expenses, your target raise should be around $2.5M – $3M.

💡 Ensuring a sufficient runway prevents rushed fundraising and allows you to operate strategically.

4. Balancing dilution vs. growth: how much equity should you give up?

While raising more capital can reduce risk, every dollar comes with dilution trade-offs.

Typical equity dilution per round:

  • Seed Round: Founders typically give up 15-25% of equity.
  • Series A: Another 20-25%, depending on valuation.
  • Series B+: Further dilution, but often at higher valuations.

Finding the right balance:

🚩 Raise too little: You risk running out of money before reaching key milestones, making your next round harder.
🚩 Raise too much: Over-dilution can reduce your long-term ownership stake and control.

The ideal raise is one that gives you enough capital to grow without sacrificing too much equity early on.

Final thoughts

Determining how much to raise is a mix of market data, strategic planning, and financial forecasting. Make sure your raise covers 18-24 months of runway, aligns with industry benchmarks, and positions you for a successful next round. By being thoughtful and strategic, you can optimize your fundraising process and maximize your startup’s long-term success.

Need help finding the right investors? Capwave.ai can match you with VCs that fit your fundraising goals. Sign up today!

Finding the right investors is one of the biggest challenges for startup founders. Whether you're raising pre-seed funding or preparing for Series A, securing investors requires the right strategy, tools, and outreach tactics.

In this guide, we’ll break down how to find the right investors for your startup, from identifying the best investor type for your stage to building a highly targeted investor list. You'll learn how to leverage AI-powered tools and networking to connect with the right backers and master the investor outreach process, ensuring your pitch resonates. With the right approach, you can raise capital faster and more efficiently, increasing your chances of securing funding.

1. The ever-changing landscape of startup funding in 2025

Securing capital is more challenging than ever. While total VC funding increased by 18.4% in 2024 compared to the previous year (Carta), investors are backing fewer startups but with larger checks, making it increasingly difficult for early-stage founders to access funding.

Key market challenges:

  1. Increased competition for funding. The number of VC funding rounds declined by 7.3%, meaning startups must work harder to stand out.
  2. Struggles in the pre-seed stage. Pre-seed funding dropped 36% in Q3 2024, highlighting the need for stronger investor connections.
  3. Longer fundraising cycles. Early-stage founders often meet 50+ investors before securing a commitment.

💡 With fewer funding opportunities, startups must adopt smarter fundraising strategies and leverage AI-powered tools to connect with the right investors faster.

2. Where to find investors for your startup

1. AI-powered investor matching (Best for fast, targeted connections and early-stage funding)

  • Capwave AI connects founders with 60,000+ active VCs & angel investors based on funding stage, industry, and investment preferences.
  • Investor-grade AI pitch deck analysis and expert-led masterclass materials.
  • AI analyzes investor portfolios and prioritizes warm intro opportunities.
  • Built-in CRM helps track outreach and responses.

🎯 Find your ideal investors now →

2. Angel investor networks (Best for idea-stage fundraising)

3. VC databases & investor research tools (Best for self-directed outreach)

  • Crunchbase. Investor database with funding history.
  • PitchBook. Premium database of VCs and private investors.

4. Startup accelerators & pitch competitions (Best for exposure & funding)

  • Y Combinator. Leading accelerator with $500K investments.
  • Techstars. Global network supporting early-stage startups.
  • 500 Global. Focuses on seed-stage funding and mentorship.

💡 Founders who use multiple investor channels raise capital 2x faster than those who rely on one approach. On Capwave AI, you’ll find a curated list of 100+ startup events and accelerators.

3. How to prepare before reaching out to investors

Reaching out to investors without preparation dramatically reduces your chances of securing a meeting. Here’s how to research investors, understand market trends, and build an effective fundraising funnel.

1. Research & qualify 200+ investors

Your investor list should be highly targeted to avoid wasted time. Before outreach, research:

  • Industry focus. Does the investor specialize in your sector?
  • Stage focus. Do they invest at pre-seed, seed, or Series A?
  • Investment history & fund makeup. What types of companies do they back?
  • Fund stage & size. Are they actively deploying capital?
  • Average check size. Does it align with your raise?
  • Location. Some firms prefer local investments.

💡 Capwave’s AI-powered investor matching automatically filters for these criteria, saving you weeks of research. Find qualified investors now →

2. Optimize your pitch deck

Investors typically spend less than three minutes reviewing a pitch deck, so it must be clear, concise, and compelling. Download our free pitch deck teaser template, and make sure your deck includes:

  • A strong narrative that highlights the problem, solution, and market opportunity.
  • Key financials such as revenue growth, burn rate, and projections.
  • A competitive advantage that makes your startup defensible.
  • A clear ask: how much you’re raising and how you’ll use the funds.

💡 Capwave’s AI-powered pitch deck optimization analyzes thousands of successful decks and provides real-time feedback to improve investor response rates. Get pitch deck now →

3. Understand market trends before investor meetings

Investors expect founders to know the market inside out. Before meetings, analyze:

  • Funding trends in your industry. Use platforms like Carta and TechCrunch to track investor activity.
  • Recent deals & valuations. What multiples are comparable startups raising at?
  • Macro trends affecting your space. Is there a downturn, consolidation, or new regulation?

💡 Well-prepared founders position themselves as industry experts, making investors more likely to fund them.

4. Build the perfect fundraising funnel

  1. Investor outreach → First meetings. Target 200+ investors to secure 20-30 meetings.
  2. First meetings → Second meetings. Expect 30-50% conversion.
  3. Second meetings → Term Sheets (TS). If the deal is a fit, 10-20% of second meetings will result in a TS offer.
  4. Term Sheets → Due Diligence (DD) & Closing. Investors review financials, legal docs, and market data before finalizing the deal.

Final thoughts

  • Leverage AI-powered platforms like Capwave for targeted investor matching.
  • Use multiple investor channels. Angel networks, VC databases, and warm introductions.
  • Track outreach & follow up. Raising capital requires persistence and strategic execution.

🚀 Ready to raise capital? Find investors who want to fund you now: Capwave.AI

Getting a rejection from a VC can be frustrating, but it’s also part of the game. Every "no" brings you one step closer to the right investor.

VCs assess startups based on market opportunity, traction, team strength, and scalability. If they don’t see the potential for a venture-scale return, they’ll pass no matter how promising your idea sounds.

The good news? Most rejections are fixable. Here’s what might be holding you back and how to course-correct before your next pitch.

1. Your market isn’t big enough

Why VCs pass on small markets

VCs are looking for businesses that can scale to $100M+ in revenue and create outsized returns. If they don’t believe your market is big enough to support that growth, they won’t invest.

How to fix it

  • Define your Total Addressable Market (TAM), but go beyond top-down estimates. Every person on earth is not a potential user. Investors want real data on how your startup captures market share.
  • Show how your Serviceable Addressable Market (SAM) and Serviceable Obtainable Market (SOM) grows over time. If your core market is niche, highlight expansion opportunities into adjacent sectors. 
  • Use third-party research and bottom-up calculations to validate your market potential.

Investors don’t need proof that your market is massive today, they need to believe it can be.

2. You don’t have enough traction

Why early-stage traction matters

VCs want to see signals that your startup is moving in the right direction. If you’re too early (without revenue, users, or customer validation) you’re asking them to take a bigger leap of faith than they’re comfortable with.

How to fix it

  • Show momentum. Even pre-revenue, proof points like waitlists, beta users, and LOIs (Letters of Intent) indicate demand.
  • Focus on metrics that prove engagement. Investors care more about active usage and retention than vanity metrics.
  • If you’re pre-product, highlight customer discovery insights, strong demand signals, and your roadmap to traction.

VCs don’t expect perfection, but they do expect progress.

3. Your team isn’t convincing investors

Why VCs pass on teams

At the earliest stages, investors bet more on founders than the product. If they’re not confident your team has the skills, experience, and resilience to execute, they won’t take the risk.

How to fix it

  • Lead with founder-market fit. Why are you uniquely qualified to build this business?
  • Show how your team executes under pressure. Share examples of how you’ve adapted and overcome obstacles.
  • Be upfront about skill gaps and your hiring plan to fill them. Investors don’t expect a perfect team, but they do expect you to know what’s missing.

Great ideas are everywhere. VCs back the teams that can make them real.

4. The timing isn’t right

Why external factors impact funding

Sometimes, rejection has nothing to do with your startup. If a VC isn’t actively investing in your space, is at the end of their fund cycle, or just deployed capital into a similar company, they won’t write a check no matter how great your pitch is.

How to fix it

  • Ask for direct feedback. If timing was the issue, stay in touch and provide updates as your startup progresses.
  • Track investor cycles. VCs raise their own funds in intervals. If a firm is at the end of their fund, they may have limited capital left for new deals.
  • Expand your investor pipeline. If one fund isn’t ready, others might be. Keep building relationships and widening your network.

A no today doesn’t mean a no forever. Timing matters, but persistence matters more.

5. You’re not differentiated enough

Why VCs reject startups without a competitive edge

If an investor can’t immediately understand why your product is different (and better) than competitors, they won’t see a reason to invest.

How to fix it

  • Be clear on what makes you 10x better, faster, or cheaper than alternatives.
  • Use customer testimonials and case studies to show why users choose you over the competition.
  • If your edge is technical, network-based, or proprietary, explain how it compounds over time to create a long-term advantage.

It’s not enough to be different. You need to be defensibly better.

6. Your business model doesn’t make sense

Why VCs pass on unscalable business models

If your revenue model isn’t scalable, repeatable, and profitable at scale, investors will hesitate.

How to fix it

  • Show strong unit economics and how they improve over time (lower customer acquisition cost, higher margins, increased lifetime value).
  • Prove revenue potential, even if early. Early traction, even at a small scale, reduces risk for investors.
  • Be clear on how your business scales. VCs don’t fund one-off projects, they fund models that grow exponentially.

If investors don’t see a path to venture-scale revenue, they won’t write a venture-scale check.

7. You pitched the wrong investors

Why some VCs will never invest no matter how good your pitch is

Every VC has a specific investment thesis based on:

  • Industry focus (e.g., SaaS, climate tech, fintech).
  • Stage preference (e.g., pre-seed, Series A, growth-stage).
  • Geography (some VCs only invest in specific regions).

If your startup doesn’t fit their criteria, they won’t invest - even if they love your idea.

How to fix it

  • Do your research. Pitch investors who actually fund startups at your stage and in your sector.
  • Tailor your pitch. Show how your startup aligns with their investment thesis.
  • Expand your search. The best investor isn’t just one with money, it’s one who understands your vision.

It’s not about convincing every VC. It’s about finding the right one.

Turn rejection into progress

Every founder gets rejected. It’s not a reflection of your startup’s potential—it’s a signal to refine, iterate, and keep going. Each "no" brings you closer to the right investor, the right timing, and the right opportunity.

The best founders use rejection as fuel. They adjust their pitch, strengthen their traction, and expand their investor network until they get the "yes" that matters.

If you’re ready to connect with the right investors, streamline your outreach, and take a smarter approach to fundraising, Capwave can help.

Find the right investors faster with Capwave AI →

Finding the right fundraising platform can make or break your startup’s funding journey. Instead of wasting months on cold outreach and outdated investor lists, founders now have access to AI-driven tools, investor networks, and alternative funding sources to raise capital faster.

In this guide, we’ll break down the best fundraising platforms for startups in 2025, covering:
AI-powered investor matchmaking
Equity crowdfunding platforms
VC and angel investor networks
Revenue-based financing options

1. How fundraising has evolved: why platforms matter in 2025

Raising capital has become more competitive than ever. While total VC funding rebounded in 2024 (up 18.4% from 2023), investors are writing fewer but larger checks, making it harder for early-stage founders to secure funding.

Key market challenges:

  • Fewer deals, more competition. The number of VC funding rounds dropped by 7.3%, meaning startups must stand out.
  • Tougher pre-seed environment. Pre-seed funding fell 36% in Q3 2024, making investor connections even more critical.
  • More investor meetings needed. Early-stage founders often meet 50+ investors before securing funding.

💡 With fewer opportunities, startups must leverage smarter fundraising tools to reach the right investors faster.

2. Best AI-powered fundraising platform: Capwave AI

📌 Best for: Founders looking for highly targeted, AI-driven investor matchmaking.

Why Capwave?

  • AI-powered investor matching with 60,000+ active VCs & angel investors.
  • Investor insights (portfolio history, investment thesis, warm intro paths).
  • IP protection. Ensures investors aren't funding direct competitors.
  • AI pitch deck optimization. Get data-driven feedback based on thousands of successful startup pitch decks.
  • Exclusive fundraising masterclass. Learn proven fundraising strategies from experts who’ve raised $400M+ for startups.
  • Founders-only Slack network. Network with other founders currently fundraising at your startup’s stage & explore warm connection pathways.

💡 Capwave eliminates the guesswork, helping startups raise faster with the right investors. Find your ideal investors now →

3. Best VC & angel investor networks

📌 Best for: Startups looking to connect with traditional venture capital and angel investors.

1. AngelList

  • Best for: Early-stage startups raising from angel investors & syndicates.
  • Standout feature: Roll-up vehicles allow multiple investors to invest as a single entity.

🔗 Explore AngelList

2. Crunchbase

  • Best for: Startups looking for VC data & investor research tools.
  • Standout feature: Searchable investor database with funding history.

🔗 Explore Crunchbase

3. Angel Capital Association

  • Best for: Startups looking for angel investors in the US.
  • Standout feature: Access to over 250 angel groups and 14,000+ investors.

🔗 Explore Angel Capital Association

Capwave streamlines investor research by matching you with VCs and angels ready to invest. 🎯 Get AI-powered investor matches →

4. Best equity crowdfunding platforms for startups

📌 Best for: Early-stage founders looking to raise from a large pool of individual investors.

1. Republic

  • Investor type: Retail investors, angels, and accredited investors
  • Best for: Startups looking to raise $50K–$5M from the public
  • Standout feature: Allows non-accredited investors to participate

🔗 Explore Republic

2. SeedInvest

  • Investor type: Accredited investors & institutional funds
  • Best for: Startups with strong traction looking for institutional backing
  • Standout feature: Rigorous vetting process to ensure high-quality startups

🔗 Explore SeedInvest

3. Wefunder

  • Investor type: Everyday investors & accredited VCs
  • Best for: Community-driven startups looking for high engagement
  • Standout feature: Largest crowdfunding platform for startups in the US

🔗 Explore Wefunder

💡 Crowdfunding platforms work best for consumer-facing startups with a strong community.

5. Best revenue-based financing platforms

📌 Best for: Startups with revenue looking for non-dilutive capital.

1. Clearco

  • Best for: SaaS & eCommerce startups with steady revenue.
  • Standout feature: No equity dilution—funding is repaid as a percentage of revenue.

🔗 Explore Clearco

2. Pipe

  • Best for: Startups with recurring revenue (SaaS, subscription models).
  • Standout feature: Turn MRR into upfront capital without giving up equity.

🔗 Explore Pipe

💡 Revenue-based financing is great for profitable startups that want to scale without giving up ownership.

6. Other must-know platforms for founders

Beyond fundraising, these platforms help founders scale efficiently:

💡 The right tools can help founders raise smarter and operate more efficiently.

Fundraising smarter in 2025

  • AI-powered investor matching is the fastest way to connect with the right investors.
  • Crowdfunding and revenue-based financing are great alternatives to VC funding.
  • Choosing the right platform depends on your startup’s funding stage & goals.

🚀 Looking for the best platform for your startup? Capwave AI helps founders raise smarter with AI-driven investor matching. Find your next investor now →

No items found.

Subscribe to our newsletter!

Catch all of the latest news.