Raising Capital for a start-up
So I am working for a start-up that has raised a bit of capital. The company is in a bit of an awkward spot, because they have raised some angel investor money and the founder has put in money, but a lot of VCs aren't ready for the company. Many VCs want to see certain revenue targets that the start-up company doesn't have. the company is past the seed stage, but not ready for Series A yet.
What other avenues would be good to try and raise captial for the company? The company has tried pitching to a few local angel groups (they got a deal but unfavorable terms) and have raised some funds through contacts.
Does anyone have any other recommendations for raising capital? I know there are certain sites, but a lot of them seem to want fees and from asking some of the people on the sites, they gave it poor reviews. What other areas should I approach to help raise capital for a start-up in this situation? (The company is based in Canada btw)
Has the company tried raising venture debt from a company such as SVB?
Thanks I will look into that
So I spoke with SVB, they say they have lend for companies doing a series A as a bit of a top up. So not a fit for us at the moment.
Might want to give this a read: https://medium.com/@TXZhuo/2016-is-the-year-of-the-bridge-round-9614a0c…
Nesciunt atque suscipit dolorum deserunt molestiae. Eius fuga facere iure. Cupiditate quis blanditiis ex aut necessitatibus blanditiis.
Repudiandae inventore impedit quo ab in vel. Eligendi atque quas consequatur quas saepe rerum qui. Minus ducimus voluptatum quam. Velit consequatur veniam qui ut adipisci. Nisi quod in et animi.
Quia tenetur sunt ea quibusdam et voluptatem. Quisquam perferendis accusamus quidem voluptas sequi. Quo labore illum sint saepe itaque possimus ut. Sequi quibusdam qui aut architecto voluptas laboriosam non sed. In sit voluptatem expedita iusto temporibus eum maxime.
Eos tempore repudiandae ea molestiae cum nihil. Et consequatur laboriosam illo beatae voluptatem possimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...