Ep-1 He raised an oversubscribed Series A of $11 Million - Jeff Beck, Co-founder, AnswersNow episode artwork

EPISODE · Jun 13, 2023 · 51 MIN

Ep-1 He raised an oversubscribed Series A of $11 Million - Jeff Beck, Co-founder, AnswersNow

from $100M Exits with Jason Kirby · host Jason Kirby

We are excited to announce the release of the latest episode of Fundraising Demystified! In this episode, Jason Kirby talks to Jeff Beck, CEO and co-founder of Answers Now. Jeff, a licensed clinical social worker, shares his experience of raising an oversubscribed Series A of $11 million for his platform that enables support for autism. Here are the main topics discussed in the episode: - Jeff's fundraising journey for his healthcare startup - Tips and tricks for fundraising, including building relationships with VCs as a first-time founder and diligencing potential investors - Insights into the fundraising landscape and how to succeed - The complexity of Jeff's business and how they have been able to successfully improve outcomes without the need for in-person visits - The lessons learned from the convertible note structure - The challenges of balancing fundraising with running a business - Tips for founders seeking to raise funds Here are some key takeaways from the episode: - It's important to have a clear idea of how much you want to raise and what you want to use it for - Focus on telling a strong, compelling story to attract investors - Pay attention to body language when meeting with investors - Understand the motives behind investor decisions and be prepared for the unexpected - Focus on building strong teams, being transparent with customers, and prioritizing mental health Links mentioned: AnswersNow website: https://getanswersnow.com Write to Jeff at [email protected] Hosted by Jason Kirby - https://www.linkedin.com/in/jasonrkirby/ Thunder website - https://thunder.vc Email Jason at [email protected] Don't forget to hit subscribe for more episodes!!

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Ep-1 He raised an oversubscribed Series A of $11 Million - Jeff Beck, Co-founder, AnswersNow

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