How I Raised $6.5M for My AI Startup: 4 Tips for Entrepreneurs
How I Raised $6.5M for My AI Startup: 4 Tips for Entrepreneurs
Trying to fundraise for your startup? Don't have investor connects?
Yehuda Niv, Co-Founder and CEO of Spines, shares hard-earned lessons from his journey as a founder to securing a $6.5M seed round for the AI-based publishing platform.
Watch the video for Yehuda's actionable steps to navigating your first raise, especially if you're a founder who doesn't have the network or connections that others in your industry might.
Yehuda's tips include:
1. Network with recently funded entrepreneurs to figure out what's going on in the ecosystem right now.
2. Understand your startup's category so you can meet with VCs that are actually relevant to your company.
3. Review a VC's portfolio before you take a meeting.
4. Make sure your story is super tight so that you can field any question a potential investor throws at you.
5. Believe in your startup's mission with everything you have.
Whether you're just starting and looking for seed money or fine-tuning your pitch for a later round, these insights will help you navigate the toughest investor questions and show you where you need to focus your energy.
Follow Yehuda on LinkedIn here
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