Alexandra Pluthero, Freedom Underwear - Challenges Of Funding A Non Tech Business

Alexandra needed investment early on to launch, buy stock and begin marketing. Interest from family and friends led to her first round of £50K. Freedom Underwear launched in 2020 and Alexandra went for a second raise 6 months later. She realised the responsibilities as founder change as soon as you’ve launched from making bras… to finance, ops, and everything in between.Finding investors to commit to her second raise was a challenge, and finding female investors was especially hard. Alexandra raised over £100K via the ‘next layer of the onion’ - her further-extended friends and family network. While it was scary opening up to more people, it worked!Alexandra would like to see more transparency about what investors actually want so that entrepreneurs don’t have to spend the little time they have stumbling around in the dark.In this episode you’ll discover:How to take the risk and put yourself out thereHow to build your story and have effective conversationsWhy being authentic will win over investors