Benchmarks

What the registry tells us about early-stage reality. Every figure sourced or measured.

• What counts as traction at idea, pre-seed, and seed

  Traction is stage-relative: the metric that impresses at idea stage is a red flag at seed. A map of what evidence actually matches each stage.

• Sizing a pre-seed ask you can defend in one sentence

  Range, milestone, and use of funds — the three-part structure of an ask that survives the 'why that number?' question.

• How much runway should your raise actually buy?

  The 18–24 month convention, why it exists, and the arithmetic that makes an ask credible instead of round.

• How investor-ready are early-stage startups, really?

  What the first cohort of registry scores says about the gap between 'raising' and 'ready'.