Answer eight quick questions about the company and the terms you've been offered, and see straight away how the price compares with real rounds. Add your email for the fair range, a counter-offer, your stake and the exit you'd need.
The checker builds a fair range for the company from rounds like it, then places the price you've been offered against the market and against that range.
We start from the latest figures for the round's stage, region, sector and size: Carta for the US, PitchBook for Europe. Data as of Q2 2026.
Traction counts for 60% of the score and the team for 40%. An average company lands on the median; only top traction with repeat founders reaches the 90th percentile.
We place the offer in the market for rounds of this size, and against the company's own range. Below most rounds is attractive; above nine in ten is well above market.
Your check divided by the post-money valuation is your stake today. We apply the typical dilution of each later round up to Series B, then work out the exit that returns 10× your check.
| Founding team | Points |
|---|---|
| First-time founder, solo | 15 |
| First-time founders | 30 |
| Domain experts | 60 |
| Repeat founders | 90 |
| Monthly revenue | Pre-seed | Seed |
|---|---|---|
| Pre-revenue | 40 | 15 |
| Under $10k | 60 | 35 |
| $10k–50k | 80 | 55 |
| $50k–100k | 100 | 80 |
| Over $100k | 100 | 100 |
Series A scores annual revenue and growth, half each: annual revenue Under $1M 15, $1M–2M 45, $2M–5M 75, Over $5M 100; growth Under 2× 20, 2×–3× 60, Over 3× 100. Points are out of 100, and amounts are in euros for Europe.
| Amount raised | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Under $250k | $5.3M | $10M | $15M |
| $250k–$500k | $7.2M | $12M | $18M |
| $500k–$1M | $8.8M | $12.5M | $23M |
| $1M–$2.5M | $12M | $18M | $30M |
| $2.5M and up | $23M | $35M | $58M |
Post-money valuation caps. The medians are Carta's for Q2 2026; the 25th and 75th percentiles are its figures for several quarters together, scaled to Q2 2026.
Sources: Carta, State of Pre-Seed: Q2 2026
| Round | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| US seed | $10M | $18.4M | $32.2M |
| US seed, AI-native | $11M | $18.6M | $32.3M |
| US Series A | $27.3M | $46M | $100M |
| US Series A, AI-native | $34M | $57.3M | $109.2M |
| Europe, pre-seed and seed | €2.4M | €4.8M | €9.5M |
| Europe, Series A and B | €23M | €47.8M | €120M |
US rows are Carta's Q1 2026 figures, its latest; US seed and Series A rows exclude AI-native companies unless marked. European rows are PitchBook's H1 2026 medians, with the quartiles estimated from them.
Sources: Carta, State of Private Markets: Q1 2026; PitchBook, Q2 2026 European VC Valuations Report
Attractive
This cap is below most US pre-seed rounds of this size.
Cap (post-money)
The $8M cap you were offered sits at the 10th percentile of the market, below this profile's range of $15M to $27M.
At $8M, this cap is at or below this profile's base of $20M.
Within market
This valuation is in the normal range for European seed rounds of this size.
Pre-money valuation
The €12M valuation you were offered sits at the 72nd percentile of the market, above this profile's range of €3.5M to €7.8M.
Counter at €5.3M; walk away above €7.8M.
Above market
This cap is higher than most US pre-seed rounds of this size.
Cap (post-money)
The $30M cap you were offered sits at the 83rd percentile of the market, above this profile's range of $10M to $17M.
Counter at $13M; walk away above $17M.