(2021-03-11) Tinyseed Raises25 Million To Back More Bootstrapped Startups

TinySeed raises $25 million to back more bootstrapped startups.

TinySeed, which runs an accelerator program for very early-stage business software startups that are largely bootstrapped, has raised $25 million for its second fund

The news comes at the heels of the recent shuttering of Indie.vc, an experiment from O'Reilly AlphaTech Ventures in backing revenue-generating startups not seeing heaps of venture funding.

To go along with its larger fund size and investor limit, TinySeed had to raise its minimum investment.

But this meant that a number of its existing investors, who are largely software entrepreneurs and executives, could not afford to participate in this new fund.

On the other end of the spectrum, institutional investors who do back micro-VC funds, were uncomfortable with TinySeed's index-like investing strategy.