It’s really hard without knowing more details about your business because different industries are going to have different multiples.
I’d suggest looking at some of the links others have posted here to help craft your story and pitch deck. Also a typical lead seed investor will want 10-20% of your company, so if you need $1.5M and they write $1M you can usually work backwards to your valuation too.
You’ll also want to ensure, if you’re raising from VCs that the business has potential to scale to the size a VC needs it to scale to (typically $1bn+). You should also be aware that you’re signing up for a 5-7 year journey minimum when taking venture capital.
I’ve raised venture capital for my company and we did it all pre-revenue. Happy to answer any additional questions
It’s really hard without knowing more details about your business because different industries are going to have different multiples.
I’d suggest looking at some of the links others have posted here to help craft your story and pitch deck. Also a typical lead seed investor will want 10-20% of your company, so if you need $1.5M and they write $1M you can usually work backwards to your valuation too.
You’ll also want to ensure, if you’re raising from VCs that the business has potential to scale to the size a VC needs it to scale to (typically $1bn+). You should also be aware that you’re signing up for a 5-7 year journey minimum when taking venture capital.
I’ve raised venture capital for my company and we did it all pre-revenue. Happy to answer any additional questions