As an outsider, it was surprising to me that seed investors don't have access to a company's revenue numbers. I would think there would be some kind of quarterly report that goes to all investors.
There's no definitive rules for stuff like that. Some seed funding happens pre-revenue and other founders are more than willing to share revenue figures with potential seed investors. We are in the seed funding stage and are starting a bi-monthly email update to our advisors, potential investors ect that will definitely mention revenue numbers.
As an outsider, it was surprising to me that seed investors don't have access to a company's revenue numbers. I would think there would be some kind of quarterly report that goes to all investors.