$5.000.000.000 - I struggle to believe it too, and I'd never thought, even after all these years, we'd be in this position.

In this article I'd like to clarify how we get to this figure, so anybody can double check our reasoning if needed.

To calculate the Funding Secured metric, we rely on periodical surveys that we send to all Equidam customers. In these surveys, we ask companies whether they have successfully raised capital since joining Equidam and, if positive, how much. From there, we use the percentage of companies that reported raising capital and the average amount raised, and extend that to the entire customer base we have served so far.

While this method gives us a useful snapshot of funding activity, it does come with certain limitations. For instance, the numbers we collect are based on self-reported data, and while we trust our users to be accurate, there is always a margin for error. The percentage of companies raising capital or the average amount reported could be slightly higher or lower than the reality due to biases in the responses.

On the positive end however, our estimate does not account for cases where a company was sold or acquired, and only considers direct capital raised.

Because of this fact, we’re confident that the number we arrive at is a meaningful reflection of the impact Equidam has had in helping startups secure funding, which might, in fact, be even higher.

In short, while we take great pride in the significant funding we’ve helped startups raise, we acknowledge that the true number may be different from the one calculated. Ultimately though, whether this number is accurate, conservative, or even exaggerated, we are extremely proud of the impact we have achieved and the innovation we have catalysed. And we are far from done. We are working very hard for that number to be even bigger than it already is.