Federico thanks for crunching the numbers. We did a similar thing but we focused on the whole of Europe and data from more sources. We looked at Angel List, Crunchbase, Funderbeam, Mattermark to get a sense of how these data sets differ from each other.

All in all we feel that reporting in our industry is broken. There is no acurate data source you can rely on for benchmarking.

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I’m a Partner at Innovation Nest, a seed VC fund focused on B2B Software. Helping SaaS founders with growth strategies and tactics.

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