Funding round
Aggero Seed
Aggero, which works in video content analysis and performance optimization in London, raised $2.0M in a Seed round announced on 23 Mar 2022, led by LAUNCHub. 6 firms took part, with 12 individual investors.
$2.0M
Amount raised
Not disclosed
Post-money valuation
6
Investors
1 lead
Valuation
What this round says about the price
Aggero did not disclose a valuation in this round. It is Aggero's first venture round on record, 4 years after it was founded in 2018. No later venture round is on record for Aggero.
Aggero's funding rounds
This is the only venture round on record for Aggero.
- Seed this round 23 Mar 2022, led by LAUNCHub $2.0M
Investors
Who put money in
LAUNCHub led the round with 5 other firms.
Lead investor
- LAUNCHub backs 36 venture-backed companies new investor
Also in the round
- GapMinder backs 21 venture-backed companies new investor
- backs 6 venture-backed companies new investor
- backs 7 venture-backed companies new investor
- backs 33 venture-backed companies new investor
- Engine Media new investor
Individual investors: Klaas Kersting, Phil Mohr, Sundance DiGiovanni, Todd Harris, Craig Fletcher, Chris Chaney, Wouter Sleijfers, Joe Zhou, Darrel Lewis, Malin Stefanescu, Dan Ghita and Octavian Patrascu.
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
2,538 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.3M, and this round was 61% of the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Yuga Labs Tech Companies | 22 Mar 2022 | $450M | $4.00B | Andreessen Horowitz and Andreessen Horowitz’s a16z crypto fund |
| Tech Companies | 24 Mar 2022 | $21M | $84M | CoinFund and Hashed |
| Tech Companies | 30 Mar 2022 | $19M | not disclosed | Lerner Group Investments LLC and M-Cor Holdings |
| Tech Companies | 29 Mar 2022 | $18M | not disclosed | TPY Capital and M12 |
| Tech Companies | 1 Mar 2022 | $17M | not disclosed | not named |
| Tech Companies | 2 Mar 2022 | $16M | not disclosed | SignalFire and Salesforce Ventures |
| Tech Companies | 23 Mar 2022 | $16M | not disclosed | Anthos Capital |
| Tech Companies | 30 Mar 2022 | $15M | not disclosed | StageOne Ventures and Ibex Investors |
Sources
Where this comes from
Reported by 5 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Aggero raise in its Seed round?
Aggero raised $2.0M in its Seed round, announced in Mar 2022.
Who led Aggero's Seed round?
LAUNCHub led it, with GapMinder, SCM Advisors, bValue Fund, Founders Factory and Engine Media.
What was Aggero's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
2,538 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.3M, and this round was 61% of the median.