Gal Harzvi

There are Series A, Series Bs.

There's a lot of money being invested in our market right now.

So it's actually a great time.

Here in Israel, there are two that MintyGo and LeadSpace that are now doing their series Bs and Cs.

A lot of companies have raised money recently.

Mattermark, Datanize, who else?

A lot of players.

Kydesk, a lot of our competitors.

Datafox, many have raised their money in the past couple of months.

We'll probably raise an additional, probably around 5 million, five to six.

And I prefer not to disclose right now because we are doing a run right now.

To be honest, it's really hard to tell because when you meet investors, some investors will tell you just let's look at your ARR and multiply it by 8, by 10, by 12, whatever that makes sense to them.

Another way to approach it is just to look at other rounds of similar companies at similar stages and use them as a benchmark.

And sometimes you'll come up with a different conclusion than just to use the ARR and some multiply.

And I think that in every round, regardless of if it's a seed round, series A, series B, founders should be expecting to lose anywhere between, I would say, 25% to 35% of their company, including some options for the ESOP.

Got it.

So I think the idea is...

Our goal as founders is just to try to get as much money as possible for for giving away 25 or 30 percent of the company.

Yes, that's probably the average deal.

It's probably an average deal and it really depends who you are and if you can add more value than just the money or not.