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Funding

Startup Funding 101: A Founder's Complete Guide to Raising Capital

An in-depth guide covering funding stages, types of capital, and how to prepare for each phase of your fundraising journey.

AC

Alexandra Chen

Managing Partner

November 28, 20248 min read

The Funding Stages Explained

Raising capital is one of the most critical—and often most challenging—aspects of building a startup. Whether you're preparing for your first angel round or gearing up for Series A, understanding the funding landscape is essential for success.

Pre-Seed: Building the Foundation

Pre-seed funding is typically the first external capital a startup receives. At this stage, you're validating your idea and building an initial product. Typical amounts: $50K - $500K from friends & family, angel investors, and pre-seed funds.

Seed: Proving Product-Market Fit

Seed funding helps you take your MVP to market and demonstrate initial traction. Typical amounts: $500K - $3M from seed funds, angel syndicates, and micro VCs.

Series A: Scaling What Works

Series A is about scaling a proven model. You've demonstrated product-market fit—now it's time to pour fuel on the fire. Typical amounts: $5M - $20M from venture capital firms.

AC

Written by

Alexandra Chen

Managing Partner

Helping founders build and scale their ventures at Lume Network. Passionate about startups, growth, and building great products.