# Pre-seed

Concept · [Fundraising and equity](https://ecosystem.samcarlton.com/fundraising)

Also called: preseed, pre-seed round, pre seed funding, friends and family round

The earliest outside money a startup raises, often before the product is finished or has customers.

**For example:** Two [founders](https://ecosystem.samcarlton.com/founder) with a [prototype](https://ecosystem.samcarlton.com/prototype) and a handful of test users raise a small pre-seed round from [angel investors](https://ecosystem.samcarlton.com/angel-investor) to work on it full time.

## Connects to (10)

- [Seed](https://ecosystem.samcarlton.com/seed): An early round of funding that helps a startup go from a first product to a business that shows traction.
- [Angel investor](https://ecosystem.samcarlton.com/angel-investor): An individual who invests their own money in a very young company, usually in exchange for equity or through a SAFE or convertible note.
- [SAFE](https://ecosystem.samcarlton.com/safe): Simple agreement for future equity.
- [Angel group](https://ecosystem.samcarlton.com/angel-group): A group of angel investors who hear startup pitches together.
- [Blueprint: Tulsa](https://ecosystem.samcarlton.com/blueprint-tulsa): A program for early-stage founders from Tulsa and the South who are often overlooked by investors.
- [FortySix Venture Capital](https://ecosystem.samcarlton.com/fortysix-venture-capital): A venture capital firm with offices in Tulsa and Bentonville, Arkansas.
- [Hurricane Ventures](https://ecosystem.samcarlton.com/hurricane-ventures): The University of Tulsa's venture fund.
- [Folds Ventures](https://ecosystem.samcarlton.com/folds-ventures): A Tulsa venture fund that makes early-stage investments in companies founded by military veterans and first responders.
- [Bridge2](https://ecosystem.samcarlton.com/bridge2): A cohort program for early-stage Oklahoma startups, presented by i2E, that ends with a demo day where founders pitch the ventures they…
- [Visible Hands](https://ecosystem.samcarlton.com/visible-hands): A venture capital firm that funds overlooked founders and runs founder programs.

> This glossary is plain-language orientation, not legal or financial advice. Before you decide on a company structure, a contract, taxes or a fundraising deal, talk with a lawyer or an accountant.

Map view: https://ecosystem.samcarlton.com/pre-seed