Funding round
SaleSqueze Seed
SaleSqueze, which works in 3D outdoor product configurator development in Dover, raised $1.5M in a Seed round announced on 12 Jun 2024, led by Underline Ventures. 4 firms took part.
$1.5M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
SaleSqueze did not disclose a valuation in this round. It is SaleSqueze's first venture round on record, 3 years after it was founded in 2021. No later venture round is on record for SaleSqueze.
SaleSqueze's funding rounds
This is the only venture round on record for SaleSqueze.
- Seed this round 12 Jun 2024, led by Underline Ventures $1.5M
Investors
Who put money in
Underline Ventures led the round with 3 other firms.
Lead investor
- Underline Ventures backs 9 venture-backed companies new investor
Also in the round
- backs 19 venture-backed companies new investor
- backs 2 venture-backed companies new investor
- backs 23 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
2,520 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.6M, and this round was 42% of the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Jun 2024 | $60M | $260M | not named |
| Tech Companies | 18 Jun 2024 | $16M | not disclosed | Index Ventures |
| Tech Companies | 27 Jun 2024 | $13M | not disclosed | Cardumen Capital and Amdocs Ventures |
| Tech Companies | 12 Jun 2024 | $13M | not disclosed | Atomico |
| Tech Companies | 1 Jun 2024 | $13M | not disclosed | Radical Ventures and Toyota Ventures |
| Tech Companies | 11 Jun 2024 | $12M | not disclosed | not named |
| Tech Companies | 28 Jun 2024 | $11M | not disclosed | not named |
| Tech Companies | 18 Jun 2024 | $11M | not disclosed | Coatue |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did SaleSqueze raise in its Seed round?
SaleSqueze raised $1.5M in its Seed round, announced in Jun 2024.
Who led SaleSqueze's Seed round?
Underline Ventures led it, with Robin Capital, Fortech Investments and SuperAngel.Fund.
What was SaleSqueze's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
2,520 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.6M, and this round was 42% of the median.