
Funding Stages and Burn Rate Goals
Angel
- Burn Rate: -$320K
- Goal: 10% (10%)
Pre-Seed
- Burn Rate: -$100K
- Goal: 8% (18%)
Seed
- Burn Rate: -$325K
- Goal: 10% (28%)
Series A (12–18 months)
- Burn Rate: -$5MM
- Goal: 20% (48%)
Series B (14–20 months)
- Burn Rate: -$12MM
- Goal: 16% (64%)
Series C (16–22 months)
- Burn Rate: -$20MM
- Goal: 13% (77%)