VCGAMI

What is a VCgami?

A funding round nobody has raised before. Every time a US startup announces a round, @VCgami checks the amount and the valuation against every round on record.

This grid is that record. One axis is the valuation, the other is the amount raised. A green square has been raised, brighter the more often. A dark square has never happened. The empty corner is where a round would be bigger than the company itself. Point at any square to see who did it first and who did it last.

The rules

• A round is two numbers. The amount raised and the post-money valuation. Two rounds are the same when both numbers land within 5% of each other.
• US companies get the posts. The record they are checked against includes rounds from every country.
• Equity, nothing else. Debt, credit lines, tender offers, secondary sales, grants, SPACs and IPOs are out.
• The deal has to be done. “In talks” and “nearing a deal” never get a post.
• No valuation, no post. A round announced without a valuation has only one of its two numbers.

Each square spans about 20%, wider than the 5% the posts use, so a round can be a VCgami inside a green square. Every number comes from public reporting and is shown as reported.