Multiple tranches feature in seed and series rounds, Gokul Rajaram notes

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Mykhailo Ihnatenko

26.10.2026

Multiple tranches feature in seed and series rounds, Gokul Rajaram notes — Multiple tranches in early stage funding

Multiple tranches have become a typical feature of Seed, A, and B funding rounds, rather than an anomaly. Gokul Rajaram highlighted this trend in early-stage financing, sharing an anecdote in which a fund expressed frustration about being placed in the second tranche rather than the first.

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Rajaram has previously addressed security concerns in digital assets, stating that a newly discovered crypto bug could have enabled a hack 60 times larger than the previous $1.5 billion record in a recent article. He has also commented on sector expertise, highlighting MarathonMP partner Chase A Packard's work with Revolut and Mercury in neobank investments. These observations reflect his ongoing engagement with both fintech security and investment trends.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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