Thier Attended the Sifted Summit Last Week
A big thank you to Henry Gill of Embarc for the amazing opportunity to attend the Sifted Summit last week. Sorry no photos, I forgot to take pictures of this session.
Sifted Summit – Workshop Highlights from Day 1
Panel Members:
Thomas Thurner, Co-Head Equity Capital Markets, Morgan Stanley
Jenny Wordsworth, CEO & Founder, OVUM
Farah K. Hanx, Co-Founder, HANX
Emilie Faure, Founder Juniver
1.0 Venture for All: Funding Female Founders in Health and Wellness (Morgan Stanley Inclusive Venture Labs)
1.1 Funding Insights
Only 1% of total funding is allocated to the healthcare or femtech sectors, signalling the need for increased investment.
There is a call for greater representation of women, people of colour, and physically challenged individuals in key decision-making roles.
Encouraging more women to invest in startups is essential for driving change.
1.2 Frustrations with Fundraising
OVUM:
1 in 6 people face infertility, making the need for innovative solutions pressing.
OVUM is a B Corp Certified company, allocating 20% of profits to research, which resonates strongly with their users.
While IVF technology has remained stagnant for a decade, OVUM brings a fresh approach, and when investors questioned the “why,” OVUM partnered with charities to convey their mission.
Angel investors provided invaluable advice and helped introduce new funding opportunities.
Joined Morgan Stanley Ventures Lab and emphasised securing at least 18 months of runway during fundraising.
Successful fundraising often comes from partnering with organisations that see your cause as aligned with their mission.
Juniver:
Juniver’s found that associates had life experience or knew others with eating disorders, which helped resonate with associates at the funds they approached.
While the majority of decision-makers in VC firms are still male, Emilie advises learning to speak their language by leading with numbers.
Educating investors about the competitive landscape, user base, and market potential is crucial, especially in health tech where men also suffer from eating disorders.
Juniver has a strong team of clinicians who helped build out their digital health programs.
Invest in PR, but set a clear budget cap to ensure efficiency.
HANX
HANX built a thriving online community and found that many associates were eager to invest in their round.
Representation at the decision-making level within funds is critical, and warm introductions to the right angel investors and VCs make a huge difference.
The journey is tough—maintaining mental health, energy, and resilience is key to staying focused and committed.
Be a problem-solver at all times and understand that PR is important for long-term visibility.
?? About Thier
Thier is the AI-enabled mobile platform for the prevention of obesity and type II diabetes ??.
?? Learn more about Thier here:
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open sourcing my journey to 100k mrr
7 个月This is awesome