Funding round
Lace Pre-seed
Lace, which works in AI-Powered call center automation solutions in Mountain View, raised $5.0M in a Pre-seed round announced on 22 Apr 2025, led by Canvas Prime. 1 firm took part. It is Lace's first venture round on record.
$5.0M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Lace did not disclose a valuation in this round. It is Lace's first venture round on record, 3 years after it was founded in 2022. It is 26% of the $19M Lace has raised in the venture rounds on record. Lace raised again: a Seed round of $14M in Apr 2025.
Lace's funding rounds
Lace has 2 venture rounds on record. This one is highlighted.
- Pre-seed this round 22 Apr 2025, led by Canvas Prime $5.0M
- Seed 22 Apr 2025, led by Bek Ventures $14M
Investors
Who put money in
Canvas Prime led the round.
Lead investor
- backs 52 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
128 Pre-seed rounds in Software Development Services within a year either side disclosed an amount; the median was $1.6M, and this round was 3.0 times the median. The closest in time, other companies' Pre-seed rounds in Software Development Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Software Development Services | 3 Apr 2025 | $4.0M | not disclosed | not named |
| Software Development Services | 16 Apr 2025 | $3.6M | not disclosed | Cherry Ventures and Y Combinator |
| Software Development Services | 16 Apr 2025 | $2.2M | not disclosed | Amadeus Capital |
| Software Development Services | 9 Apr 2025 | $1.8M | not disclosed | 2048 Ventures and Twelve Below |
| Software Development Services | 14 Apr 2025 | $1.4M | not disclosed | Insurtech Gateway |
| Software Development Services | 1 Apr 2025 | $840K | not disclosed | Metiquity Ventures |
| Software Development Services | 2 Apr 2025 | $500K | not disclosed | not named |
| Software Development Services | 9 Mar 2025 | $4.0M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Lace raise in its Pre-seed round?
Lace raised $5.0M in its Pre-seed round, announced in Apr 2025.
Who led Lace's Pre-seed round?
Canvas Prime led it.
What was Lace's valuation at the Pre-seed round?
It was not disclosed.
How does it compare with other Pre-seed rounds in Software Development Services?
128 Pre-seed rounds in Software Development Services within a year either side disclosed an amount; the median was $1.6M, and this round was 3.0 times the median.
Did Lace raise again after this round?
Yes: a Seed round in Apr 2025 of $14M.