Pre-Seed 10 Questions

A pre-Seed funding round is for early stage product development of a minimum viable product (MVP). Funding of a Startup at this level is to maximise its future fundraising opportunities through testing, having an effective core team and building beyond a prototype. Funding for Pre-Seed business normally comes from the 3F’s (Friends, Family and Fans!). The amount of money is usually relatively small because the business is still in the idea or conceptual stage.