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INDIE.VC INVESTMENT
TRADITIONAL VENTURE CAPITAL
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Indie.vc Investment Amount$300,000Raise Series Seed
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Equity Option10%
Series Seed Pre-money
 $ 5,000,000
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Redemption (0 - 3x)3xInvestment$480,000
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Redemption repayment$900,000Post-money $ 5,480,000 YO
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conversion Percentage (1)1.00%
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Founders91%
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Investors9%
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100%
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Raise Series A
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Series A Pre-money $ 13,000,000
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Investment $ 3,500,000
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Post-money $ 16,500,000
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Founders72%
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Investors28%
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100%
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Raise Series B (2)Raise Series B
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Series B Pre-money $ 26,300,000 Series B pre-money $ 26,300,000
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Investment $ 7,000,000 Investment $ 7,000,000
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Post-money $ 33,300,000 Post-money $ 33,300,000
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Indie.vc Route
Traditional VC Route
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Post Series BPost Series B
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Founders78%Founders57%
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Investors22%Investors43%
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100%100%
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(1) Conversion percentage reduces 30% with each 1x of redemption payment up to 90% for 3x redemption payment
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(2) Median pre-money $26.3M and Series B rasied amount $7M. per NVCA Pitchbook Q3 2018
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