Crunchbase: Most Active and Highest-Spending Q1 Investors Diverged — Prolific Dealmakers Not Writing the Biggest Checks
Crunchbase News·medium signal
In a record-setting Q1, the investors backing the highest number of rounds were mostly not the ones writing the biggest checks, and vice versa. This divergence signals a bifurcating market: spray-and-pray seed investors vs concentrated late-stage bets. For AI SaaS founders, this means seed funding is abundant but Series B+ requires demonstrating real revenue, not just AI features — the capital is splitting between volume plays and conviction bets.