Funding round
Colossyan Seed
Colossyan, which works in AI video generation services in Wilmington, raised $1.2M in a Seed round announced on 20 Jul 2021, led by Day One Capital. 3 firms took part. It is Colossyan's first venture round on record.
$1.2M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Colossyan did not disclose a valuation in this round. It is Colossyan's first venture round on record, 1 year after it was founded in 2020. It is 5.2% of the $23M Colossyan has raised in the venture rounds on record. Colossyan raised again 31 months later: a Series A round of $22M in Feb 2024.
Colossyan's funding rounds
Colossyan has 2 venture rounds on record. This one is highlighted.
- Seed this round 20 Jul 2021, led by Day One Capital $1.2M
- Series A 6 Feb 2024, led by Lakestar $22M
Investors
Who put money in
Day One Capital led the round with 2 other firms.
Lead investor
- Day One Capital backs 22 venture-backed companies new investor
Also in the round
- Heartfelt new investor
- backs 6 venture-backed companies new investor
Comparable rounds
How it compares
2,297 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.0M, and this round was 40% of the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 9 Jul 2021 | $20M | not disclosed | Anker AG |
| Tech Companies | 1 Jul 2021 | $15M | not disclosed | Innovation Platform (IPC) and UTokyo IPC |
| Tech Companies | 22 Jul 2021 | $14M | not disclosed | Revolution |
| Tech Companies | 14 Jul 2021 | $13M | not disclosed | Team8 |
| Tech Companies | 1 Jul 2021 | $10M | not disclosed | Notion Capital |
| Tech Companies | 7 Jul 2021 | $9.5M | not disclosed | Intel Capital |
| Tech Companies | 6 Jul 2021 | $9.5M | not disclosed | Seaya and Speedinvest |
| Tech Companies | 6 Jul 2021 | $8.4M | not disclosed | Promus Ventures |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Colossyan raise in its Seed round?
Colossyan raised $1.2M in its Seed round, announced in Jul 2021.
Who led Colossyan's Seed round?
Day One Capital led it, with Heartfelt and Oktogon Ventures.
What was Colossyan's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
2,297 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.0M, and this round was 40% of the median.
Did Colossyan raise again after this round?
Yes: a Series A round in Feb 2024 of $22M.