Funding round
Imagga Seed
Imagga, which works in image and video recognition API development in Sofia, raised $260K in a Seed round announced on 3 Jun 2013. 1 firm took part.
$260K
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Imagga did not disclose a valuation in this round. It is Imagga's first venture round on record, 2 years after it was founded in 2011. No later venture round is on record for Imagga.
Imagga's funding rounds
This is the only venture round on record for Imagga.
- Seed this round 3 Jun 2013 $260K
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- LAUNCHub backs 36 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, sales and marketing, scaling operations and working capital.
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
199 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.2M, and this round was 22% of the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Sysdig Tech Companies | 30 Jun 2013 | $2.3M | not disclosed | Bain Capital Ventures |
| Tech Companies | 27 Jun 2013 | $1.1M | not disclosed | not named |
| Tech Companies | 6 Jun 2013 | $850K | not disclosed | SV Angel |
| Tech Companies | 20 Jun 2013 | $771K | not disclosed | not named |
| Tech Companies | 11 Jun 2013 | $588K | not disclosed | not named |
| Tech Companies | 13 May 2013 | $3.5M | not disclosed | Genesis Partners |
| Tech Companies | 15 Jul 2013 | $1.9M | not disclosed | Spark Capital |
| Tech Companies | 16 May 2013 | $1.7M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Imagga raise in its Seed round?
Imagga raised $260K in its Seed round, announced in Jun 2013.
Which investors took part in Imagga's Seed round?
LAUNCHub.
What was Imagga's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
199 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.2M, and this round was 22% of the median.