Seed funding deal count in the Northeast has decreased by 25% from 2021 to 2022. Founders who want to access funding now face a rigorous, hurdle-jumping process, with investors seeking the companies that they think have the best chance of success.
💰 From 2021 to 2022, seed funding deal count decreased by 25% in the Northeast.
💼 Founders seeking investment must jump through rigorous hoops to access funding.
💸 Investors want to spend funds on the companies they feel have the best chance of success.
📈 Valuations are still high for the companies that successfully access funding.