Resource · 9 min read

How to raise seed funding

An 8-step playbook used by Dragon founders to close their seed round in 6–10 weeks.

  1. Step 1

    Decide if you should raise

    Capital is fuel, not validation. Raise only if (a) you have a wedge that needs capital to compound, and (b) the next 12-18 months are clearly defined.

  2. Step 2

    Set the round size

    Raise 18 months of runway. Typical seed in 2026: $1.5M–$4M at $8M–$20M post. Anchor on milestones, not vibes.

  3. Step 3

    Build the deck

    Use a tight 12-slide structure. See our pitch deck template for the exact slide order.

  4. Step 4

    Build the investor list

    Target 60–80 funds and 20–40 angels who actively write checks at your stage and sector. Use Connect to filter.

  5. Step 5

    Warm-intro sequencing

    Sort by fit, then by ease of warm intro. Open with B-tier funds first to refine the pitch, then go to A-tier.

  6. Step 6

    Run a tight process

    Compress meetings into 3 weeks. Create FOMO with concurrent processes, not exploding offers.

  7. Step 7

    Negotiate terms

    SAFE post-money cap, 20% optional pool, full pro-rata. Push back on aggressive liq prefs and board control at seed.

  8. Step 8

    Close and announce

    Wire, sign, deliver onboarding docs to investors. Public announcement = recruiting + customer signal.