APPENDIX

Seedtable score – explained

The Seedtable score underlines every ranking you see in our website. Learn more about how it's created and updated.

Seedtable score visualization

Seedtable tracks over 17,000 European startups, 3,000 investors and 25,000 fundraising events. For each one of them we collect dozens of data points – capital invested, number of employees over time, industry they belong to, business model, and more.

Making sense of all that data – and sorting it in a way that founders, operators and investors can devise signals from noise – is incredibly complex.

That's why we created the Seedtable Score – a 1 to 100 score that uses quantitative and qualitative data points (examples are money raised or employees over time) to signal the momentum behind a company. You can see it throughout the site as 98. A score closer to 100 indicates a company worth watching closely.

The score is engineered by me and our advisors, deriving from a decade of experience investing, analyzing and writing about technology and venture capital in Europe. We calculate it dynamically using a combination of quantitative and qualitative data points (everything from the size of a fund to the score of the companies they invested in) and is refreshed every time new data is added to the database, or a certain period of time happens, whatever is sooner.

Each one of our rankings is sorted from top to bottom using our Seedtable score, which means I don't control each specific ranking – they're dynamic and data-driven, ensuring objectivity.