September 2023

AVL Clients are making news.

Of course, we think our clients are the best, and then things happen that make it clear to us that we are right! In increasingly competitive markets and a tough economic landscape, two AVL Clients are celebrating big wins, and we couldn't be prouder.?

ResultsLab Makes the Inc 5000

It's a big deal to be named one of?Inc. Magazine's fastest-growing private companies. Shout out to our incredible client, ResultsLab. ?Well done, Cindy Eby and team. Here's to your continued success and growth!

Congratulations Ad Fontes Media on your $4.2M capital raise?

AVL client Ad Fontes Media officially closed a $4.2 Million capital raise, led by Aion Ventures and joined by New Community Transformation Fund–Denver (NCTF-D) and several other industry and mission-aligned investors, including ad tech entrepreneur Will Luttrell. Ad Fontes is just one of a few Colorado startups that closed significant growth investments this past summer.

FINANCIAL TRANSPARENCY — PART 2 of 5

Getting off to a Strong Start

So maybe you’ve gotten through the “fear of sharing company information”? that we covered in Part 1, but now it’s time to execute. You may not be sure where to start, but remember that you’re doing this because you believe that:

A more informed team…

is a more connected team…

which creates trust in the company and the team…

and leads to deeper engagement from all.

Here's a simple guide to help you reap the benefits when you improve the quality and quantity of information you’re sharing within your company.

READ MORE?

Hey CPG companies, here's why you might want to consider non-dilutive financing!?

Small businesses have several options when it comes to securing working capital. From traditional bank financing and inventory financing to crowdfunding and grants, there is no shortage of resources for growing businesses to take advantage of. But, funding remains a constant challenge. Raising money through equity financing through venture capitalists or angel investors is the most common route, but it comes at the cost of diluting ownership. Fortunately, CPG brands have another option: non-dilutive funding.?

Non-dilutive funding is a funding option that does not require you to give up ownership in your company. In this blog post, our good friends at Kickfurther explore the benefits of non-dilutive funding for CPG brands.

AVL UPDATES

Team Milestones

Congratulations to CFO Rich Frankenheimer on 11 years with AVL as one of the earliest employees, Rich is a part of the heart and soul of the company and has been instrumental in establishing our reputation and growth.?

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We're thrilled to welcome new CFOs Elza Fernandes and Jeff Davis in support of mindful growth?and impactful work for our clients. These two infuse our team with experience and diverse industry perspectives. Elza was previously CFO at Rudi’s Rocky Mountain Bakery, where she was always dealing with "bread" one way or the other. Jeff comes to us from TaskEasy, where, as CFO, he shepherded a successful acquisition by WorkWave last fall.?We can't wait to see the incredible accomplishments they will achieve for AVL and our clients.

MIX & MINGLE WITH AVL

AVL headed to Utah earlier this month to participate in this year's Adventure Doggle hosted by Rocky Mountain Venture Capital Association (RMVCA). They consistently have some of the coolest networking events; if you've never been, you should check them out.?

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September 18-22 ?AVL will be at Denver Start-Up Week. If you are, too, let us know. We would love to grab some time with you.?? ........................................................................................................................................... September 27-28 AVL is excited to partner with our good friend?Bart Foster, founder of?BusinessOutside, as we sponsor the first Connection Hike at the?Venture Atlanta Conference this month. Join us for this incredible opportunity to get outside, connect with others, and focus on mindful growth.

Atomic Habits - People think when you want to change your life, you need to think big. But in this book, the author, James Clear, reveals exactly how minuscule changes can grow into such life-altering outcomes - it's a great read or listen.

...........................................................................................................................................Here's an interesting take from a recent Gartner article on what's top of mind these days for CFOs and CEOs. What Matters to CEOs and CFOs Right Now.

...........................................................................................................................................We can all learn a lot from being a Swifty. Beyond the music and friendship bracelets, Forbes clues us in on what Startups can learn from Taylor Swift.?

How prepared is your company for growth? Take the AVL Growth Readiness Assessment.