That's far beyond what YC companies are able to achieve in a few months.
So they are raising at a Seed level which YC companies get a good deal on because YC is effectively running their fundraising for them e.g. Demo Day, vetted investors, optimised process etc.
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Series A today requires minimum $1m/year in ARR.
That's far beyond what YC companies are able to achieve in a few months.
So they are raising at a Seed level which YC companies get a good deal on because YC is effectively running their fundraising for them e.g. Demo Day, vetted investors, optimised process etc.
Series A does not require $1M/year. That's just for low-tier stuff.