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Dive Raises $10 Million in Series A led by the D. E. Shaw Group to transform how manufacturers use computer simulation
PRIVATEJun 05, 2024•about 2 years ago
Amount Raised
$10 Million
Round Type
Series A
Investors
Senovo CapitalSegenia CapitalFirst Momentum VenturesD. E. Shaw Group
Description
Dive Engineering Software, Inc. raised a $10 million Series A led by the D. E. Shaw group and additional participation from First Momentum Ventures, Segenia Capital, and Senovo Capital
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1 contactFunding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech
Dive Engineering Software raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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