Seed Stage investments play an important role in fuelling new innovative ideas, and along the way we have seen some exciting startups generate enough investor interest and coax them into pouring in large sums in seed rounds. One of the recent instances is Sirin Labs, which raised $72M in its seed round from Renren Games and Singulariteam.
In line with this, Tracxn looks at the companies which have raised the biggest seed rounds.
Company Name | Primary Sector | Round Name | Investor Name |
Cal INDEX | Healthcare IT | $80M | Blue Shield of California |
Sirin Labs | Enterprise Security | $72M | RenRen Games, Singulariteam |
Oscar | Insurance Tech | $30M | Founders Fund, Thrive Capital, Khosla Ventures, General Catalyst |
Clinkle | Payment Cards | $25M | Intuit, Intel Capital, Andreessen Horowitz |
LRNG | EdTech | $25M | MacArthur Foundation |
Minerva Project | EdTech | $25M | Benchmark Capital |
Blockstream | Blockchain Applications | $21M | Khosla Ventures, Real Ventures, Future Perfect Ventures, Innovation Endeavors, Mosaic Ventures, Ribbit Capital, AME Cloud Ventures, Cryptocurrency Partners |
RetailMeNot | Coupons and Deals | $21M | Undisclosed |
Lara Networks | Semiconductors | $17.5M | TeleSoft Partners, InveStar Capital, Battery Ventures |
Vaniday | Marketplaces | $16.6M | Rocket Internet |
Databricks | BigData Infrastructure | $13.7M | Andreessen Horowitz |
Lemonade | Insurance Tech | $13M | Sequoia Capital, Aleph Venture Capital, Expansion Venture Capital |
Next Insurance | Insurance Tech | $13M | Ribbit Capital, TLV Partners |
Blispay | Consumer Finance | $12.8M | FirstMark Capital, Accomplice, TriplePoint Capital, New Enterprise Associates |
Alpha Payments Cloud | Banking Tech | $12M | Undisclosed |
Also, let’s look at the top 10 sectors which have the highest average seed funding round value in the last five quarters.
Sector | Average Seed Round Value |
Deep Learning | $2.7M |
Mobile Education | $2.6M |
Industrial Robotics | $2.6M |
Enterprise Security | $2.5M |
IT Operations | $2.4M |
BigData Infrastructure | $2.3M |
Alternative Lending | $2.2M |
Robo Advisors | $2.1M |
Enterprise Mobility | $2.0M |
Application Testing | $1.9M |