Democratization of Startup Financing

July 12, 2018

Over 11,000 FinTech startups are operating around the world across 15+ segments, with payments and lending startups consistently being among the most funded and represented. In the past decade, average deal sizes have grown significantly for startups in late-stage rounds, while seed-stage companies possibly lost their former appeal to an increasingly risk-averse VC community (and institutional investors).

It’s never been easier to set up a business – all software necessary to set up essential functions is on the market today (Stripe Atlas, Holvi, Quickbooks, etc.). Given the team has critical human functions covered, mere financial survival is the persistently problematic part, whether a startup has a great proposition, or not.

In 2010, the average sums offered were $6.84 million for seed-stage companies, $20.31 million for early-stage VC rounds, and $26.64 million for VC rounds. In 2017, the average figures plummeted to $3 million for seed-stage companies but grew to $41 million for early-stage VC rounds and $1.566 billion for large-stage VC rounds.

Between 2010 and 2017, the average funding for seed-stage companies dropped by more than half (57%), as investors became wary of high-risk financial bets. Meanwhile, in the same period, the average funding for late-stage VC rounds went from $26.64 million to $1.566 billion.

As for the total funding for various stages, in 2010, the total funding for seed-stage FinTech companies was at $205.3 million, for early-stage companies at $316.33 million, and at $156 million for late-stage companies. In 2017, only one of those still counts in millions, and you can guess which one. The total funding for seed-stage companies in 2017 reached $851 million, while the total funding of early-stage and late-stage companies hit $7.137 billion and $6.9 billion respectively.

With 9 out of 10 startups failing, the one that becomes a hit has to be not just incrementally better than the competition but offer a 10X better experience. To become that one startup out of ten, a startup requires significant resource investments – time, talent (all of which comes down to money) – to dive deep into understanding the market, performing research, building the product, testing, etc. None of that is possibl ...

To continue reading this and more sign up for MEDICI Inner Circle.

This content is available for members only. Subscribe now!


Already a member? Log in



  • Unlimited MEDICI insights
  • Unlimited company profiles
  • 1 report download per month
    (No downloads included in the free trial)





  • Unlimited MEDICI insights
  • Unlimited company profiles




$199/moper seat

  • Up to 10 seats for $199 each
  • Unlimited access to report downloads, Startup Scanner, and MEDICI Insights


--------------- Reasons to buy ---------------

Understand the “Why” Behind the “What”

MEDICI offers data-driven, original, unique, and forward-thinking content to understand the “why” behind the “what”

10,000+ insights, 100+ research reports, and 1,000+ videos based on data, collected and processed by top-in-class researchers with over seven years of experience in the financial service industry.

Actionable Insights

We do not stop at the data; we analyze it and extrapolate actionable insights that shape and forecast market trends. All of our pieces are neutral, authentic, and unique – this means that you can’t read them anywhere else!

Data Visualization

We do also care about design. It’s why our infographics are the most-used ones in company reports and the most shared ones on social media.

Growing Proprietary Database of 13,000+ FinTech Companies

We have one of the largest databases with more than 13,000 company profiles listed across 60+ verticals! The database contains primary data collected in two ways:

Through our Global Listening Engine – a proprietary algorithm able to extrapolate and collect data across numerous sources

Directly from FinTechs – thanks to the onboarding flow through which companies can list themselves on the most used database for venture capital in the industry

Join the Largest Global FinTech Community

You will be added to our private WhatsApp Channel with more than 200 FinTech leaders across the globe, where we engage in discussions around various financial services topics daily. After a few clicks, you’ll get to know the whole community, including the MEDICI team – you can ask questions, suggest topics, and get behind-the-scenes insights


What is MEDICI Inner Circle™?

MEDICI Inner Circle™ is the membership you need to freely access all MEDICI content, which includes insights, research reports, videos, startup knowledgebase, and the members-only community for live engagement.

What topics do you cover?

We cover more than 60+ sub-segments in FinTech – but we do not stop there; we also cover topics beyond FinTech, such as InsurTech, RegTech, PropTech, WealthTech, BankTech, AgriTech, and the enabling technologies enabling innovation such as AI, Blockchain, etc.

What do I get if I buy the membership? Is there a difference between being a free subscriber and being a member?

By becoming a member, you will unlock all the content on our website. A free subscriber gets access to only 5% of what we publish on the web-site. Paid members also get preferred access to our live events, and exclusive access to the members-only community for live digital engagement.

Do you have a discounted plan for students?

Yes. Please write to us at innercircle@goMEDICI.com.

Do you have an enterprise plan for corporates or groups?

Yes. Please write to us at innercircle@goMEDICI.com.

Do you offer refunds?

We offer a 7-day free trial during which you can access all of our data, insights, and analyses. You can cancel the subscription any time before the end of the free trial period. However, we do not offer refunds.