So proud to be part of this team! Let’s go!!! ??????
We’re taking our mission to make every salon and spa more profitable to the next level. ?? Today, we’re beyond excited to announce our Series B funding led by Altos Ventures, with participation from OpenView and Jason M. Lemkin's SaaStr Fund.
Check out my latest episode with Dan Conner, CFA, FSA. Vikram Lakhwara & I loved hearing about his childhood all over the world, surfing a hurricane, and learning about the one book that influenced his thesis. I also loved how he shared how he uses thoughtful gifts to create product storytelling that can help founders find PMF faster. So much to learn from Dan, listen in!
Cheers and Happy Friday! We enjoyed drinking a Sazarac with Dan Conner, CFA, FSA, GP at Ascend Venture Capital. Be sure to check out Dan's newest article in Entreprenuer, which he discusses and more on the latest episode. Thanks to Fidelity Shoobx & Ravix Group for sponsoring! https://lnkd.in/gWH7aAFZ https://lnkd.in/gbxVjXXM
???? Just announced ~ While we typically reserve Cherub events for our members, we're feeling generous and opening up our July 16th virtual panel to all founders, aspiring founders, and the fundraise curious...and it's gonna be a good one. Join our?CEO Jaclyn Johnson plus fellow Cherub members Kaitlin Mogentale of?Trashy?(formerly Pulp Pantry) and Zo? Levin (The TP Queen) of Bim Bam Boo to discuss their fundraising paths on the way to building multimillion dollar businesses. Between these founders, they’ll chat through: - Saying no to fundraising:?Bootstrapping your way to $25M in exits - Grants and accelerators: When it makes sense to apply & how to find the right ones - Entering the Shark Tank: What it’s like to get 3 offers and nationwide TV eyeballs - Venture vs angel investment: How to tailor your pitch to both investor types and when or if to pursue venture backing - Crowdfunding: Turning into your customer loyalty into investment dollars RSVP here and tell your founder friends! ?? https://lnkd.in/gS4Ckacc
Super stoked to announce the close of our third fund! Grateful to have been a part of the journey thus far.??? ?? If you are building in the consumer brand space, please?reach out to us- we would love to have a chat.?We invest in businesses at a pre-seed, pre-revenue stage with the ability to support our portfolio companies until growth/ late stages. #Fund3?#ConsumerBrands?#EarlyStageInvesting?#SauceVC?#Startups? #Entrepreneurship?#IndiaGrowthStory?#PreseedInvestment #VentureCapital?#Consumer
Consumer VC, first backer of brands like Mokobara, Hocco Ice Creams, The Whole Truth, Bare Anatomy, Supertails, XYXX, Perfora, Kreo
As we announce the close of Fund 3, I would like to express gratitude firstly to our founders whose hardwork and success carries us. Secondly a big thank you to our existing LPs who sized up in a big way and to new LPs who have expressed their trust in us. Finally we are grateful for the once in a lifetime opportunity to invest in the world's strongest consumer market. This fund was oversubscribed 3x in four weeks and it was overwhelming and tempting to raise more but right sizing was important. So my apologies to all LPs who we could not accommodate in this fund. We hope to start working with you in the future. The decision to downsize was not easy but is more a reflection of how we intend to build Sauce.vc for the very long term while staying true to our stated strategy. I feel as an early stage fund we have a small but valuable role to play along with later stage investor partners. Finally, to all new founders building in the consumer brands space, please hit us up, we invest at the preseed, pre revenue stage! Yash Dholakia Zoeb Ali Khan Karan Kathpalia Padma Milhotra Vasundhara Bhagat Richa Oberoi Mayur Maheshwari https://lnkd.in/d_bjSmVd
Helping founders grow their startups | Specialist in EdTech/Future of Work | 2x Founder ?????
Super valuable insights from Zain Memon, Fred Destin, Margot Blanc on the ins and outs of venture fundraising at Stride.VC's stunning offices last night hosted by Kristina S. Subbotina, Esq. Thanks Haz Hubble for sharing in your events roundup! Key takeaways for founders: - VCs are motivated by both loss aversion + greed, which makes the narrative + momentum so so important. - As well as returning the fund, VCs also want to back people who want to change the world. They want to sit at the kitchen table and chat about the amazing founder they've invested in. - Finding balance amidst the chaos is so important - Margot shared that she does an annual 10 day Vipassana retreat, Zain reminded us how important the little things are like walking your dog to find balance. I particularly loved Fred's lesson on finding the inner calm from the Art of the Samurai through negative visualisation. Link for more on that in the comments. Great to meet new people Oli Bates, Surya Varatharajan, Christian Fayolle building amazing new ventures.
We closed our fourth fund. Please reach out to us if you are ideating about a new consumer brand. We can partner with capital and an experienced network. #ConsumerBrands #EarlyStageInvesting #SauceVC #Startups #Entrepreneurship #IndiaGrowthStory #PreseedInvestment #VentureCapital #VC
Consumer VC, first backer of brands like Mokobara, Hocco Ice Creams, The Whole Truth, Bare Anatomy, Supertails, XYXX, Perfora, Kreo
As we announce the close of Fund 3, I would like to express gratitude firstly to our founders whose hardwork and success carries us. Secondly a big thank you to our existing LPs who sized up in a big way and to new LPs who have expressed their trust in us. Finally we are grateful for the once in a lifetime opportunity to invest in the world's strongest consumer market. This fund was oversubscribed 3x in four weeks and it was overwhelming and tempting to raise more but right sizing was important. So my apologies to all LPs who we could not accommodate in this fund. We hope to start working with you in the future. The decision to downsize was not easy but is more a reflection of how we intend to build Sauce.vc for the very long term while staying true to our stated strategy. I feel as an early stage fund we have a small but valuable role to play along with later stage investor partners. Finally, to all new founders building in the consumer brands space, please hit us up, we invest at the preseed, pre revenue stage! Yash Dholakia Zoeb Ali Khan Karan Kathpalia Padma Milhotra Vasundhara Bhagat Richa Oberoi Mayur Maheshwari https://lnkd.in/d_bjSmVd
Landeed, a property title search platform backed by Y Combinator, has secured additional funding in a strategic round led by Paradigm Shift VC. The sum raised remains undisclosed. This follows Landeed's $8.3 million seed round in January 2023, led by Y Combinator, Draper Associates, and Bayhouse Capital.The funds will be utilized to expand Landeed's product offerings and enhance its platform's capabilities. Landeed empowers real estate professionals with tools that streamline title searches, due diligence, and transaction management. Its advanced algorithms and proprietary data provide users with quick and convenient access to property ownership information.Landeed's mission is to revolutionize the property title search process, making it more efficient and accessible for real estate professionals. The platform offers a comprehensive suite of features including instant property reports, automated title searches, and a secure document vault. By leveraging technology, Landeed aims to reduce the time and resources required for property transactions, ultimately benefiting both agents and clients. #startupsc #fundingdeals #startupreels
What think when I think about fundraising: With each round, you want to think simultaneously that it is the last round you’ll ever raise—ideally you get to profitability and don’t need to raise— and that you’re raising enough to hit the milestones that you need to get to the next valuation range (if you decide to raise again).
Fundraising is arguably the most high-stakes, confusing, and heartbreaking part of a founder’s job. You have to learn how to do it from scratch, stay positive in spite of incessant rejection, and if you don’t get it right, your company dies. Then you have to do it over and over and over again. Don’t get it right once? That’s right, your company dies. Considering how essential getting this right is for most founders, it surprised me that I’d never come across a great, in-depth, practical how-to guide on raising a seed round—especially one written by people who’ve been through it hundreds of times. So I pulled in two of my favorite co-investors, Terrence Rohan and Jack Altman (who've seen over 1,000 seed rounds), and they pulled in the founders of some of today’s most iconic companies including Dylan Field (Figma), Ivan Zhao (Notion), Karri Saarinen (Linear), Mathilde Collin (Front), Jason Fried (37signals), Eric Glyman (Ramp), Christina Cacioppo (Vanta), Josh Miller (The Browser Company), Max Mullen (Instacart), Tomer London (Gusto), Siqi Chen (Runway), Qasar Younis (Applied Intuition), and Zachary Perret (Plaid)—who collectively have raised nearly $9 billion in venture capital—to write the ultimate guide to raising your seed round. If you've ever wondered what a great seed round process looks like, this guide is for you: https://lnkd.in/gK3eM275 Massive props to Terrence and Jack for writing this incredible post.
Co-Founder & CEO @Crunch | I help you crack Analytics, GTM and Founder Life | Prev - DaoLens, Merkle Science, Sprinklr
Founders need to be good builders & sellers, but more than that we need to be good storytellers. Knowing how to pitch your brand is something everyone needs to master to get a buy-in from investors. You need to sell your vision to them. If you are a founder looking to raise funds in 2024, then this is the event for you. GrowthX? is organising a founder-exclusive masterclass on fundraising and I am thrilled to be a part of it. Join in to learn how to approach the right investors, plan your months before the raise, design a deck that oozes your story & leverage investor relations to unlock unfair advantage.? These are some of the frameworks which I have accumulated over years of experience as an entrepreneur and angel investor across multiple startups. Glad to be sharing the stage with the subject experts Vaibhav Domkundwar (CEO, Better Capital) & Ashray Iyengar (VP, Elevation Capital). These are the ones who can give you all the nuances on how to think about raising.? P.S. This is an invite-only exclusive event for the founder. Register using the link in the comments for your pass ????
Fundraising is arguably the most high-stakes, confusing, and heartbreaking part of a founder’s job. You have to learn how to do it from scratch, stay positive in spite of incessant rejection, and if you don’t get it right, your company dies. Then you have to do it over and over and over again. Don’t get it right once? That’s right, your company dies. Considering how essential getting this right is for most founders, it surprised me that I’d never come across a great, in-depth, practical how-to guide on raising a seed round—especially one written by people who’ve been through it hundreds of times. So I pulled in two of my favorite co-investors, Terrence Rohan and Jack Altman (who've seen over 1,000 seed rounds), and they pulled in the founders of some of today’s most iconic companies including Dylan Field (Figma), Ivan Zhao (Notion), Karri Saarinen (Linear), Mathilde Collin (Front), Jason Fried (37signals), Eric Glyman (Ramp), Christina Cacioppo (Vanta), Josh Miller (The Browser Company), Max Mullen (Instacart), Tomer London (Gusto), Siqi Chen (Runway), Qasar Younis (Applied Intuition), and Zachary Perret (Plaid)—who collectively have raised nearly $9 billion in venture capital—to write the ultimate guide to raising your seed round. If you've ever wondered what a great seed round process looks like, this guide is for you: https://lnkd.in/gK3eM275 Massive props to Terrence and Jack for writing this incredible post.
I help founders uncover their early believers and turn them into incredible advocates.
?? We're a community of early believers gathering around ventures looking to raise their first round of seed capital. ?? For Investors and talent we’re a platform to support your favourite companies through capital raising by investing as little as $250 and contributing as little as 1 hour of time in return for remuneration. ?? For founders, we help invite early supporters to refine pitches and leverage networks to build momentum into capital-raising rounds. AND, a core part of getting these believers engaged and supporting is by creating a cluster of experts around the ventures we believe in. Experts, for Community VC, are people who are the best-of-the-best in their particular space and can add the first and rarest insights to our Community DD process. After reviewing the Deck of Vitadrop the first time, we knew we had about 10 gaps in our understanding of what was required to execute DD and ensure Vitadrop was a viable investment opportunity. We needed to find someone to fill those gaps to get the ball rolling. Queue Chris Pang Chris is the Group Head of Go-to-market and Launch at Asahi Ventures. Chatting with Chris filled half of our core question sets about Vitadrop: 1. How, what, when, why does Vitadrop get acquired and then we used our next layer of experts to help fill 2. How, what, when, why does Vitadrop build their brand effectively. Chris’s insights we’re incredibly valuable and we couldn’t have found conviction without him Below you can find a lovely picture of Chris and we'll share a link to all of his insights to follow up in this weeks newsletter :)
