Quarterly Startup Fundraising Trends from DocSend’s Fundraising Network (DFN)

Since launching the DocSend Fundraising Network (DFN) in June of 2020, we’ve received over 2,500 pitch decks from Pre-seed, Seed, and Series A startups looking for funding.

Our pitch deck analyzer (which is the application mechanism for the DFN) has evaluated decks from all over the world and delivered personalized, data-driven feedback to founders looking to improve their pitch. And thanks to our Deal Flow Newsletter, we’ve helped hundreds of founders get their pitch deck in front of dozens of VCs and made it easy for VCs to request introductions to those founders with the click of a button.

What’s even more exciting? The connections we’ve forged through the DFN have led to a few deals! Read our case study about how UserGems raised their $2.4M seed round from Uncork Capital and over 60 investors with the help of the DFN.

Thanks to this round-the-clock activity of the DocSend Fundraising Network (as well as our Weekly Fundraising Trends) we like to think we’ve got a strong finger on the pulse of the startup fundraising ecosystem. Accordingly, we’ve unearthed a handful of interesting findings that paint a more detailed picture about the kinds of companies that have sought funding through the DFN each quarter. Below are some data-driven insights into the companies that have applied thus far—the gender composition of their leadership teams, the countries where they are based, and the industries in which they operate.

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