Questions

What are the best practices in obtaining seed money for a for-profit venture?

Looking for seed funding for a revenue generating business (generated about $75,000 so far) in the animation/video marketing industry. We have a working prototype that is steadily selling without any advertising, but it needs tech expertise which I don't have. Looking to raise money to build a team.

4answers

Every major city has some sort of network of angel investors or VCs. Do a quick google search in your area for incubators/accelerators. They typically have public facing events where you can go in and network. Since you're post-revenue you should be able to find interested people pretty easily.

If you need help researching places, let me know.


Answered 3 years ago

I have 25 years of experience working with early stage technology companies and investors.

I’m often asked about fundraising strategies for VC funds and angel investors. After raising capital and exiting from multiple startups and investing through 15 venture funds and dozens of angel investments I have seen thousands of deals.

Since you are already generating some initial revenue, it sounds like it is the right time to put together a plan to raise your seed round of capital.

I’ve found that the most productive use of time for both of us is scheduling a call through my profile.


Answered 10 months ago

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