Usually, a teacher who grades students on a curve is boosting the efforts of those who didn’t perform well on the test. In the case of cloud companies, however, it’s the other way around.
As of Q1 2021, startups in this sector have median Series A rounds around $8 million, reports PitchBook. With $100+ million Series D rounds becoming more common, company valuations are regularly boosted into the billions.
Andy Stinnes, a general partner at Cloud Apps Capital Partners, says founders who are between angel and Series A should seek out investors who are satisfied with $200,000 to $500,000 in ARR.
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