Top 10 Seed Funded Startups in Q1 2023

The startup ecosystem is constantly evolving, and Q1 2023 has seen the emergence of several innovative startups that have secured seed funding to fuel their growth. In this article, we will take a closer look at the top 10 seed-funded startups of Q1 2023, their respective industries, and a brief description of their solutions.

Top 10 Startups of Q1 2023 (Seed Funded)

Here are the startups that achieved seed funding in the first quarter of 2023:

Descope

Descope is a software startup that provides a unified platform for project management, collaboration, and workflow automation. Its solution integrates with existing tools and streamlines project management, making it easier for teams to collaborate and get work done efficiently.

• Industry: Apps, Developer Platforms, Information Technology, Software
• Funding Amount: $53 million
• Website: https://www.descope.com

Plai Labs

Plai Labs is an AI startup that is focused on improving the accessibility and usability of machine learning models. Its platform allows users to easily train and deploy machine learning models without requiring advanced technical knowledge. The company’s solution has the potential to democratize AI and make it accessible to a wider audience.

• Industry: Blockchain, Internet, Social Media, Social Networks, Web Development
• Funding Amount: $32 million
• Website: http://www.plailabs.com

Matchday

Matchday is a sports tech startup that is developing a platform to enhance the fan experience at live events. Its solution includes personalized recommendations, in-game betting, and social features, making it easier for fans to engage with their favorite teams and players.

• Industry: Information Technology, Internet, Sports, Video Games
• Funding Amount: $21 million
• Website: https://matchday.com

Florence

Florence is a healthcare startup that is focused on improving patient care and communication. Its platform allows healthcare providers to streamline their workflows, manage patient information, and communicate with patients more effectively. Florence’s solution has the potential to improve patient outcomes and reduce healthcare costs.

• Industry: Health Care, Software
• Funding Amount: $20 million
• Website: https://www.florenceos.com

Chaos Labs

Chaos Labs is a cybersecurity startup that provides a comprehensive solution for threat detection and response. Its platform uses AI and machine learning to analyze threats and provide real-time alerts, making it easier for companies to protect their networks and data.

• Industry: Blockchain, Cloud Infrastructure, Risk Management, Software, Web Development
• Funding Amount: $20 million
• Website: https://chaoslabs.xyz

Monad

Monad is a robotics startup that is focused on developing autonomous mobile robots for material handling. Its solution is designed to improve warehouse efficiency and reduce labor costs. Monad’s technology has the potential to transform the logistics industry by providing a more efficient and cost-effective solution for material handling.

• Industry: Blockchain, Robotics
• Funding Amount: $19 million
• Website: https://www.monad.xyz

Chroma

Chroma is an energy startup that is developing a sustainable and scalable solution for carbon capture and utilization. Its technology captures CO2 emissions and converts them into high-value chemicals, reducing greenhouse gas emissions and creating a new revenue stream for companies.

• Industry: Database, Software
• Funding Amount: $18 million
• Website: https://www.trychroma.com

Fixie.ai

Fixie.ai is a customer support startup that provides an AI-powered chatbot for customer service. Its platform allows businesses to improve customer engagement and reduce response times, leading to increased customer satisfaction and retention.

• Industry: Artificial Intelligence, Information Technology, Machine Learning, Software
• Funding Amount: $17 million
• Website: https://fixie.ai

Proven

Proven is a recruitment startup that provides an AI-powered platform for job posting and candidate screening. Its technology streamlines the recruitment process and provides personalized recommendations, making it easier for companies to find the right candidates for their open positions.

• Industry: Cryptocurrency, Financial Services, Information Services
• Funding Amount: $15.8 million
• Website: https://www.proven.tools

Entitle

Entitle is a legal tech startup that provides an online platform for creating and managing legal documents. Its solution includes customizable templates and automated workflows, making it easier for businesses to create legal documents and manage contracts.

• Industry: Cloud Management, Identity Management, Information Technology, Software
• Funding Amount: $15 million
• Website: https://entitle.io

Secure Seed Funding by Getting a Valuation!

These startups are disrupting their respective industries with innovative technologies and solutions. It will be exciting to see how they evolve and grow in the coming years. If you are a startup preparing for your Seed round, 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 succeed with their funding rounds. We provide tailor-made business valuations that are accurate and fair. Our valuation analysts are experts who know the ins and outs of each industry, with a specialization in 409A valuations. We provide numerous valuation services to companies of all sizes, from startups to multinationals. To learn more about our services, please contact us today.