Hello Founders and Advisors,
Currently, my partner and I are in the pitch phase and have been scouring the landscape for opportunities to aid in our seed funding efforts. We've recently decided to use a funding accelerator service to move things along at a more comfortable pace for our US subsidiary.
What I'm interested in is hearing from others who have had success getting over this milestone and some of the strategies that have worked. To give some context, we launched our Saas platform back in November and have a strong viewership with recent traction build.
Appreciate the help.
If you have launched your product and traction, then you are not looking for seed funds. If you use the wrong terminology, you will not find the right class of investor. Seed it pre-product. I highly recommend you buy the book by Alejandro Cremades who created CoFoundersLab, The Art of Startup Fundraising.
You will benefit from a thorough understanding about how money is raised and the different classes of investor. Your pitch should be tailored to the one class of investor that is most appropriate for your situation. And if you don't understand what the different types of investors want and expect, your pitch will always fall short.
@Paul Garcia, unfortunately investors are retarded and seed is now the old series A In all forms. “Seed” investors won’t touch you without revenue any more
Thank you @Paul Garcia and @Zack Thompson for the info, we are finding that Investors are diving straight to the traction slide. Many have mentioned that if we were "further along" we could start talking about what it's going to take to move the needle. Revenue has begun, but just barely and we're using the current market slow to prepare our infrastructure for our US office.
I would try YC.
@ Robert Chiu yes much agreed, our team has been through two sessions at YCSUS, tons of great information and contacts. For us they been instrumental in forming the core building blocks to our system and strengthening every aspect, now we are looking for strategic Advisors and Investment opps. Always good to circle back to see what leads can come from those warm intros.