The Key To Raising Your Seed Extension Round

Given the growth in seed funding driven by the combined forces of the “Micro-VC glut” and increasing activity by angel investors (often via crowd funding), it’s become increasingly common to meet so called “Seed Orphans” looking to raise seed extension rounds. These companies often have good teams that have achieved solid initial traction, but were asked by Round A VCs to “come back when you’ve achieved more traction,” which, in essence, is like giving a soft no.