Funding round
Etiq AI Seed
Etiq AI, which works in data science solutions development in London, raised $1.0M in a Seed round announced on 30 Apr 2025, led by GapMinder. 1 firm took part.
$1.0M
Amount raised
900,000 EUR converted
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Etiq AI did not disclose a valuation in this round. It is Etiq AI's first venture round on record, 6 years after it was founded in 2019. No later venture round is on record for Etiq AI.
Etiq AI's funding rounds
This is the only venture round on record for Etiq AI.
- Seed this round 30 Apr 2025, led by GapMinder $1.0M
Investors
Who put money in
GapMinder led the round.
Lead investor
- GapMinder backs 21 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
2,511 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $4.0M, and this round was 26% of the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 28 Apr 2025 | $51M | not disclosed | YL Ventures and Mayfield |
| Tech Companies | 30 Apr 2025 | $50M | not disclosed | Regulus Global |
| Tech Companies | 30 Apr 2025 | $30M | not disclosed | not named |
| Tech Companies | 15 Apr 2025 | $30M | not disclosed | Lightspeed Venture Partners and Walden Catalyst |
| Tech Companies | 22 Apr 2025 | $19M | not disclosed | Cheyenne Ventures |
| Tech Companies | 8 Apr 2025 | $15M | not disclosed | 8VC |
| Tech Companies | 23 Apr 2025 | $15M | not disclosed | Madrona |
| Tech Companies | 16 Apr 2025 | $15M | not disclosed | Align Ventures and Booz Allen Ventures |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Etiq AI raise in its Seed round?
Etiq AI raised $1.0M in its Seed round, announced in Apr 2025.
Who led Etiq AI's Seed round?
GapMinder led it.
What was Etiq AI's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
2,511 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $4.0M, and this round was 26% of the median.