Top 10 Pre-Seed Funded Startups in Q2 2023

The pre-seed stage is a critical time for startups, as they work to validate their ideas and secure early funding. These top 10 pre-seed funded startups of Q2 2023 have shown great potential in their respective industries, and are poised to disrupt their markets with their innovative solutions.

Top 10 Startups of Q2 2023 (Pre-Seed Funded)

Here are the startups that achieved pre-seed funding in the second quarter of 2023:

CAT Labs

CAT Labs Crypto Asset Technology is a startup that builds forensic and cybersecurity tools to fight crypto-enabled crime. The company was founded by Lili Infante, a former special agent for the U.S. Department of Justice who specialized in cryptocurrency investigations. CAT Labs is funded by a $4.3 million pre-seed round led by Castle Island Ventures. The company is headquartered in New York City.

• Industry: Computer, Network Security
• Funding Amount: $4.3 million
• Website: https://catlabs.io

Flyby Robotics

Flyby Robotics is a developer of American-made autonomous drones with no critical Chinese electronic components intended for machine learning on the edge capabilities. The company’s platform simplifies the tedious processing of running ML-heavy applications on drones while providing a seamless field experience for drone operators to performcomplex autonomous missions for drone delivery, critical infrastructure, renewable energy, and public safety applications.

• Industry: Aerospace, Machinery Manufacturing
• Funding Amount: $4 million
• Website: https://www.flybydev.com

Tara Mind

TARA Mind is a mental health company that enables safe and affordable access to psychedelic-assisted therapy. They are a public benefit corporation, which means they are committed to tackling health equity barriers that prevent individuals from receiving effective mental health care. TARA Mind is a leading advocate for the safe and equitable use of psychedelic-assisted therapy. They are committed to advancing the science of psychedelic-assisted therapy and to ensuring that this treatment is available to everyone who needs it.

• Industry: Personal Health, Wellness
• Funding Amount: $3 million
• Website: https://taramind.com

Portrait Analytics

Portrait Analytics is a Boston-based startup that develops a generative AI research assistant for investment analysts. The company’s platform uses natural language processing to help analysts find key information from financial filings and research reports, generate new investment ideas, and write memos and pitch decks. The company’s platform is currently in beta testing with a small group of investment analysts. Portrait Analytics plans to launch its platform to the public in early 2024.

• Industry: Analytics, Artificial Intelligence, Financial Services, Market Research
• Funding Amount: $3 million
• Website: https://portrait-analytics.com

FunnelStory

FunnelStory is an AI-powered revenue platform for B2B sales teams. It helps teams prioritize revenue-bearing opportunities, automate mundane tasks, and focus on what is really important. FunnelStory uses a variety of data sources, including CRM data, email data, and website data, to provide teams with insights into their customers and prospects. This data can be used to identify which opportunities are most likely to close, track the progress of deals, and identify areas where teams can improve their performance.

• Industry: Revenue Data Platform
• Funding Amount: $3 million
• Website: https://www.funnelstory.ai

Stargazr

Stargazr is an AI-powered financial planning and analysis (FP&A) platform that helps businesses make better decisions about their finances. The platform uses machine learning and predictive analytics to provide insights into historical and future financial data, identify risks and opportunities, and generate recommendations for improving financial performance. Stargazr is designed for businesses of all sizes, from small startups to large enterprises. The platform is easy to use and can be customized to meet the specific needs of each business.

• Industry: Accounting, Analytics, Artificial Intelligence, Information Technology, Machine Learning, Predictive Analytics, Software
• Funding Amount: $2.1 million
• Website: https://stargazr.ai

DigitalEx

DigitalEx is a cloud cost management platform that uses AI to help businesses save money on their cloud spend. It aggregates all cloud costs into a single view, identifies anomalies, and provides recommendations for optimization. It can also automate many of the tasks involved in cloud cost management.

• Industry: Information Technology, Software
• Funding Amount: $2 million
• Website: https://www.digitalex.io

Argo Space

Argo Space is a space transportation company that is building a reusable spacecraft powered by lunar water. The company’s goal is to create a true in-space transportation network that will allow for more abundant and unconstrained movement throughout space. Argo Space is currently in the early stages of development. The company has completed a preliminary design of the Argonaut spacecraft and is working on raising funding for the project. Argo Space hopes to launch the Argonaut in the early 2030s.

• Industry: Aerospace, Space Travel
• Funding Amount: $2 million
• Website: https://argospace.com

Hohonu

Hohonu is a company that provides precision monitoring and forecasting to help communities prepare for and respond to flooding. It uses the latest technologies in hardware, software, and data science in order to deliver reliable and accessible water-level data to its customers. Hohonu’s sensors are deployed in a variety of locations, including rivers, lakes, and coastal areas. The sensors collect water level data in real-time, which is then transmitted to Hohonu’s cloud-based platform. The platform analyzes the data and provides users with insights into water levels, including historical trends, current conditions, and forecasts.

• Industry: Sensor, Software, Water
• Funding Amount: $1.8 million
• Website: http://hohonu.io

Trustible

Trustible is an AI governance management platform that helps organizations define necessary AI policies, implement and enforce responsible AI practices, and generate evidence to prove compliance with emerging AI regulatory frameworks and be prepared for AI audits. Trustible’s platform integrates with existing AI/ML platforms and provides a library of AI policies, guidance on responsible AI practices, and tools for evidence generation and AI audit preparation.

• Industry: Artificial Intelligence, Information Technology, Software
• Funding Amount: $1.6 million
• Website: https://www.trustible.ai

Secure Pre-Seed Funding by Getting a Valuation!

These startups are pushing the boundaries of their respective industries. It will be exciting to see how they evolve and grow in the coming years, and help solve many problems today. If you are a startup looking to raise capital, get a valuation done by Eqvista to increase your chances of success.

How Eqvista can help you in securing funding for your startup

Eqvista is a leading valuation firm that helps startups get accurate and fair valuations. We have a team of experienced professionals who can help you understand your company’s value and make the best decisions for your business. To learn more about our services, feel free to contact us today and schedule a call with one of our associates.