The fundraising climate has changed significantly within the last few years. To help founders realize successful pre-seed rounds in 2022, DocSend surveyed 320 startups that identified themselves as pre-seed stage companies.

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Significant increases in funding during 2021 put even bigger checks into the pockets of all early-stage founders. However, relative fundraising outcomes remain unbalanced for diverse teams.

Research shows that raising money is harder for women and people of color than it is for white male founders.

For nearly 2 years, the DocSend Fundraising Network has been on a mission to remove bias from fundraising and instead help founders find investors fit for their fundraise.

Once a purely financial and strategic planning role, the responsibilities of CFOs have expanded to include anything from operations and IT to human resources. As their responsibilities increase, so does their exposure to risk.

Based on our data, we look at market influences over the past year, how recent trends compare to previous years, and what the data means for the startup industry.