Raise Millions by Hustle Fund VC Page 12 Post-seed The post-seed stage (also known as “pre-Series A”) is a gray area between seed and series A, kind of like the awkward teenage phase. You’ve made major progress as a seed-stage company, but not quite enough to raise a Series A. You may hear people call this round the mango seed stage or avocado seed stage. Not everyone who plans to raise a Series A will need to raise this round. If you have enough runway from previous fundraising rounds, or from your earned revenue, you may be able to skip this round entirely. Before you get to Series A, you may need to hit specific metrics around retention and engagement. Or hit certain revenue milestones, or acquire a certain number of users. The post-seed round is your opportunity to achieve these goals. Post-seed rounds can range from $1M to $5M. This can be an extension of your seed round with many of your previous investors, or separate rounds with new investors. The goal at this stage is to provide more evidence/data that your company is ready for a big series A round. The typical traction range at this stage is ~$100k/ month. hustlefund.vc / @hustlefundvc
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