Funding round
Silent Eight Seed
Silent Eight, which works in AI-Driven financial crime compliance solutions in Singapore, raised an undisclosed amount in a Seed round announced on 1 Sep 2015, led by Wavemaker Partners. 1 firm took part. It is Silent Eight's first venture round on record.
Undisclosed
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Silent Eight did not disclose a valuation in this round. It is Silent Eight's first venture round on record, 2 years after it was founded in 2013. Silent Eight raised again 50 months later: a Series A round of $6.2M in Nov 2019.
Silent Eight's funding rounds
Silent Eight has 3 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
Wavemaker Partners led the round.
Lead investor
- backs 91 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development.
- Product development
Comparable rounds
How it compares
369 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 15 Sep 2015 | $5.3M | not disclosed | not named |
| Tech Companies | 8 Sep 2015 | $4.0M | not disclosed | Valar Ventures and Citi Ventures |
| Tech Companies | 6 Sep 2015 | $3.7M | not disclosed | not named |
| Tech Companies | 28 Sep 2015 | $2.9M | not disclosed | not named |
| Tech Companies | 3 Sep 2015 | $2.7M | not disclosed | FirstMark |
| Tech Companies | 28 Sep 2015 | $2.5M | not disclosed | Inventure |
| Tech Companies | 1 Sep 2015 | $2.1M | not disclosed | not named |
| Tech Companies | 4 Sep 2015 | $2.0M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Silent Eight raise in its Seed round?
Silent Eight did not disclose the amount of its Seed round, announced in Sep 2015.
Who led Silent Eight's Seed round?
Wavemaker Partners led it.
What was Silent Eight's valuation at the Seed round?
It was not disclosed.
Did Silent Eight raise again after this round?
Yes: a Series A round in Nov 2019 of $6.2M.