At Jumpstart Foundry, we believe that the terms for investment stages (Pre-Seed, Seed, Series A, etc.) have a tendency to be confusing and , honestly, quite fluid. The definition of ‘Series A’ might change drastically based on where you are geographically located or what industry/sector you operate in.
That said, we have adopted the terminology of “Pre-Seed” to define Jumpstart’s standard investment. How do we see “Pre-Seed” translating to stage of company?
Generally speaking, we like to see full-time founders with at least a V1 of the product developed. Revenue is not required, but we want to see that you have made progress towards market validation (pilots – paid/unpaid, early customers, someone besides a family member paying for your solution).
Our standard investment is structured in a post-money SAFE note, so we’re coming in before the company is officially valued in a priced equity round. So call it whatever you want…”Pre-Seed” “Seed” “Early Stage”… We’re here to invest in founders who are making a difference in health and believe that JSF can be a strategic early-partner in their journey!