Funding round
TypingDNA Seed
TypingDNA, which works in AI-Based authentication solutions in New York, raised $1.5M in a Seed round announced on 31 Jan 2019, led by GapMinder. 3 firms took part. It is TypingDNA's first venture round on record.
$1.5M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
TypingDNA did not disclose a valuation in this round. It is TypingDNA's first venture round on record, 3 years after it was founded in 2016. It is 18% of the $8.5M TypingDNA has raised in the venture rounds on record. TypingDNA raised again 12 months later: a Series A round of $7.0M in Jan 2020.
TypingDNA's funding rounds
TypingDNA has 2 venture rounds on record. This one is highlighted.
- Seed this round 31 Jan 2019, led by GapMinder $1.5M
- Series A 4 Jan 2020, led by Gradient $7.0M
Investors
Who put money in
GapMinder led the round with 2 other firms.
Lead investor
- GapMinder backs 21 venture-backed companies new investor
Also in the round
- backs 2 venture-backed companies new investor
- backs 388 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
853 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.4M, and this round was 63% of the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Jan 2019 | $25M | not disclosed | not named |
| Tech Companies | 1 Jan 2019 | $6.0M | not disclosed | not named |
| Abridge Tech Companies | 31 Jan 2019 | $5.0M | not disclosed | not named |
| Tech Companies | 15 Jan 2019 | $5.0M | $19M | Neotribe |
| Tech Companies | 23 Jan 2019 | $4.7M | $23M | Silverton Partners |
| Tech Companies | 1 Jan 2019 | $4.5M | not disclosed | Bowery Capital |
| Tech Companies | 7 Jan 2019 | $4.0M | not disclosed | Nexus Venture Partners |
| Tech Companies | 4 Jan 2019 | $3.5M | not disclosed | Merus Capital |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did TypingDNA raise in its Seed round?
TypingDNA raised $1.5M in its Seed round, announced in Jan 2019.
Who led TypingDNA's Seed round?
GapMinder led it, with Gecad Ventures and Techstars.
What was TypingDNA's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
853 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.4M, and this round was 63% of the median.
Did TypingDNA raise again after this round?
Yes: a Series A round in Jan 2020 of $7.0M.