SaaS startup BiteSpeed raised $3.5 Mn in Pre-Series A funding led by Peak XV’s Surge to expand its marketing, sales, and technical capabilities.
Nov 13, 2024•9 months ago
Amount Raised
$3.5 Million
Round Type
series a
Investors
Dhruv VohraAakash AnandGaurav MunjalWhiteboard CapitalPeak Xv Partners
Description
BiteSpeed has secured $3.5 Mn in Pre-Series A funding aimed at expanding its presence in key markets. The investment was led by Peak XV Partner’s accelerator program Surge, with participation from notable investors including Whiteboard Capital and Unacademy CEO Gaurav Munjal.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers